The vapidity of cable news, part 998 in a continuing series

By Megan McArdle

The cable news shows this morning were full of wide-eyed anchor larvae reporting that with gas prices high, people were driving less, and instead using more public transit! Oh, for a land in which the downward-sloping demand curve was not such a constant source of surprise and wonder to the broadcast media.

This article available online at:

http://www.theatlantic.com/business/archive/2008/05/the-vapidity-of-cable-news-part-998-in-a-continuing-series/3426/