Furthermore, Mr. Carlson omitted the fact that many of the Cabela’s headquarters jobs did not disappear, but rather were relocated to Bass Pro’s headquarters in Springfield, Missouri — another American town. Of course, every time a business decision or market dynamic leads to job losses or relocations, it is a difficult and disappointing outcome for those who are affected. Public policy does and should have a role to play in helping workers and communities adjust and recover.

However, in a market economy, businesses can and must respond to market conditions by making difficult but necessary decisions, such as the decision to merge with another company. In fact, the former parent company of Fox News made that very decision two years ago, leading to as many as 4,000 layoffs. Elliott is not aware of any segments on “Tucker Carlson Tonight” that have addressed these job losses.

Looking at other aspects of the segment, it is clear that Mr. Carlson was motivated less by sincere concern over layoffs and more by a desire to twist any set of facts to portray Elliott in the most damaging light possible. For example, in making a series of allegations about Elliott’s investment in Delphi, Mr. Carlson neglected to mention that Elliott’s involvement helped to save the company from liquidation, preserving tens of thousands of jobs in the process — another fact that was shared with Mr. Carlson’s producers, but which he failed to mention on-air.