- Stuart Varney clashed with Kevin Hassett on Fox Business, citing a poll that shows 47% of voters believe current economic conditions are poor and 73% think the economy is deteriorating, with Varney stating that conditions won't improve until gas prices drop to $3.
- Kevin Hassett attempted to defend the economy by referencing a recent GDP number with high capital spending, but Varney was unconvinced, saying "I don't think that changes until we get three-dollar gas" and noting that high oil prices will persist.
- As Hassett tried to obfuscate with economic data, Varney's producers displayed images of high gas prices on screen, highlighting the reality of the situation and undermining Hassett's claims, with Varney explicitly stating "Let me express an opinion, I think oil prices, gas prices, they're going to be higher for longer".
JUSTICE MATTERS
Crooks and Liars and BBC cover the story of rising gas prices, but with differing focuses. Crooks and Liars quotes Stuart Varney saying "I don't think that changes until we get three-dollar gas," emphasizing the economic impact, while BBC reports on Americans' reactions to gas prices, stating "it's just ridiculous," and provides a broader range of unrelated news. The BBC's coverage obscures the systemic context of the economy and the government's role in addressing gas prices, instead focusing on individual reactions and unrelated news stories, whereas Crooks and Liars centers the voices of officials and economists, like Kevin Hassett, and critiques their responses.
Cross-referenced with: BBC
