Fox’s Stuart Varney Continues Promoting Minimum Wage Myths
Blog ››› ››› ALEX MORASH
Fox Business dedicated multiple segments this morning to criticizing low-wage workers taking part in living wage demonstrations around the country. The segments almost exclusively featured minimum wage opponents, and continued Fox’s heavy reliance on restaurant executives who peddle misinformation about the supposed negative consequences of paying employees minimum wages of $15 per hour.
On the April 14th edition of Fox Business’ Varney & Co., host Stuart Varney repeatedly assailed low-wage restaurant, homecare, and university workers who are taking part in nationwide demonstrations organized by the Fight for $15. Over the course of six segments, Varney was joined by numerous guests who attacked the protesters for demanding a $15-per-hour minimum wage, and pushed frequently debunked myths that increased wages would destroy jobs and hurt business. On two occasions, Varney allowed restaurant executives -- White Castle vice president Jamie Richardson and Bennigan’s CEO Paul Mangiamele -- to claim that increased wages would actually hurt workers:
Fox has repeatedly pushed myths that businesses are opposed to raising the minimum wage while spreading debunked claims that raising the minimum wage leads to job losses. Varney is a serial misinformer on the minimum wage, and his decision to elevate anti-living wage talking points from industry executives fits a long-standing trend at his sister network.
Contrary to Fox Business' claims that minimum wage workers will move up to better jobs quickly, a July 2013 study from the National Employment Law Project (NELP) found entry-level workers are “going nowhere fast” because low-wage restaurants offered little room for promotion -- and an April 2016 report from NELP happens to credit the Fight for $15 with successfully raising wages for 17 million American workers since 2012. Contrary to claims that business owners oppose raising the minimum wage, The Washington Post reported on April 4 that a leaked poll from Republican pollster Frank Luntz found "80 percent of respondents [business executives] said they supported raising their state's minimum wage." Economists have repeatedly debunked the claim that raising the minimum wage would kill jobs, and researchers at Cornell University argued that since minimum wage increase have "not had large or reliable effects" on restaurant and hospitality industry employment, minimum wage opponents would be better off embracing “reasonable” increases.