David Sirota:

Stossel replied with a straight face: “The truth is that people on the margins lose jobs when minimum wages go up. We used to have people washing windshields at gas stations. We don’t anymore because of the minimum wage. There’s no opportunity for kids, for entry-level workers.”
Mind you, Stossel is making this claim at the very same time President Bush is claiming we need a guest worker program because there are actually too many entry-level, low-wage jobs that aren’t being filled. But beyond that, the actual data exposes Stossel’s pathological lying.

More at the link, including how Stossel is wages a campaign against frivolous lawsuits by suing an interviewee for $200,000.