10 May '12, 6pm

In other news, Fox News has finally figured out that low gas prices are bad:

In other news, Fox News has finally figured out that low gas prices are bad:

We’ve been saying for a while that expensive gas is good news — not just because the expense of filling a tank could drive people into the arms of bikes and subways, but because affordable gas is a sign of a weak economy. But Fox News has continued to cling to the conviction that lower gas prices are best — probably because Obama was president and gas prices were on the rise. Well, now gas prices are dipping a bit, but Obama is still president, so it’s time for their views to “evolve.” Media Matters caught various Foxers claiming that lower gas prices are now a sign of Obama ruining the economy. Of course, Fox is only giving Obama credit for lower gas costs as a harbinger of a ruined economy. When it comes to the fact that gas, you know, costs less, he should by no means get credit, according to Fox host Stuart Varney: [H]e has had nothing to do with bringing the gas price...

Full article: http://grist.org/list/fox-news-has-finally-figured-out-th...

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