• First Jobs

      In my syndicated column this week, I talk about unpaid internships.

      Unpaid internships are great. They are win-win. They let young people experiment with careers, and figure out what they'd like and what they're good at. They help employers produce better things and recruit new employees.

      I've used interns all my career. They have done some of my best research. Some became journalists themselves. Many told me: "Thank you! I learned more working for you than I learned in college, and I didn't have to pay tuition!"

      But statists claim that minimum wage jobs and unpaid internships are unfair. Politicians want to "protect us" from first jobs.

      First, they raise the minimum wage. Forcing employers to pay $7.25 an hour leaves them reluctant to give unskilled kids a chance -- why pay more than a worker can produce? So they offer fewer "first" jobs.

      On top of that, the Obama Labor Department has issued a fact sheet that says free internships are only legal if the employer derives "no immediate advantage" from the intern.

      Are you kidding me? What's the point of that? I want interns who are helpful!

      The result is fewer opportunities for new workers and unskilled workers. Government should allow consenting adults to create as many "first" jobs as possible. Full column here.

      TAGS
      Syndicated Column
      regulations
      first jobs
      Internships
  • This Week's Show -- July 10, 2014

    MEDIA BIAS: When I began my career as a consumer reporter, I had an obvious agenda: Businesses cheat consumers! Government must regulate them! But when I wised up about the problems with government, my bosses resisted, and I stopped receiving Emmy Awards. Emmys reward liberal reporting.

    CENSORSHIP AT CBS: Investigative reporter Sharyl Attkisson has a similar story. She explains why she left CBS after it became "harder and harder to get stories on television" that criticized this government and "any powers that be."

    IS STOSSEL BIASED?: Years ago, journalist Howard Kurtz criticized me for not being objective. I said it's impossible for any journalist to be completely objective. Now that Howard Kurtz is on Fox, we debate again.

    THE OBJECTIVITY MYTH: Andrew Kirell of Mediaite.com says, "every journalist has a point of view and they don't just magically check it the minute they walk in the newsroom door."

    NEW MEDIA: Reason TV's Remy Munasifi uses music videos and parodies to complain about things like politicians' spending. One of his latest parodies highlights the scandal surrounding the VA hospitals. Munasifi discusses his videos, which have gone viral on YouTube.

    RETRO REPORT: It's great there's a new media organization called Retro Report, which reveals media hype of the past ("crack babies," America's landfill "crisis," the "superpredator," etc.) and corrects stories everyone in the media got wrong. I discuss the new show with its executive producer, Kyra Darnton.

    REAL OR FAKE?: Sometimes people in the media say things that are so bizarre, you'd think they were made up. Kennedy of The Independents quizzes FoxBusiness.com's Kate Rogers, Fox Business host Charles Payne and me to see if any of us can tell which quotes are real, and which were made up by my staff.

    MY TAKE: I used to report on lots of scares. CBS even ran an ad for me where someone called me a "guardian angel."

    That's bunk. The only guardian angel is a free and open society. That's what allows innovation, gives people longer lives, and lifts billions out of poverty. But these gradual improvements aren't newsworthy. Scares and disaster make the news.

    News is broken not just because we're biased but because most good and important news happens slowly.

    9PM ET on Fox Business Network