TVNewser Doesn’t Understand Basic Economics

By kevin Comment

cnbcchicken9-18.jpgWe just got TOLD by CNBC’s Michelle Caruso-Cabrera.

Yesterday, TVNewser pointed out a kind of hilarious segment on CNBC’s “Power Lunch” about chicken feet that concluded with Caruso-Cabrera saying, “Because American chickens have bigger breasts, so they must have bigger feet to hold them up.”

Well, because we were busy being so gosh darn snarky, we apparently missed the global economic implications of the chicken foot market. Something Caruso-Cabrera calls TVNewser out on specifically in a CNBC post today:

Although we explained very clearly why it mattered as a business story, I’ll do it again for our general-media brethren who often fail to understand basic economics and business news.

SMACK! She explains that large chicken breasts mean large chicken feet and China LOVES our fat chicken feet so much that they could prevent a trade war and “ALL AMERICANS SHOULD FEAR A TRADE WAR. Trade wars, and tariffs for that matter, make recession worse.”

Well then.