An iPhone, an Animated Rat and the Economy

I'm told 500,000 people bought iPhones this weekend — 500,000 each paying up to $600 a phone.

And that doesn't include service plans starting at $60 a month.

That's not an impulse purchase, my friends. That's a commitment and an expensive one at that.

The very same weekend, Americans shelled out nearly $100 million to see some movies this weekend — including nearly half of that to see an animated rat, who loves to cook.

That's a lot of money for a rat.

Good for the rat — good for the economy.

The same economy, I'm told, stinks.

The same economy, I'm told, benefits the few, instead of the many. Until you realize many people are buying iPhones and many more are buying movie tickets.

And many more going out to restaurants crowded, store parking lots even more crowded and beaches and vacation resorts more crowded still.

Those people don't look like Rockefellers to me. More like normal Joes and Joannes having a good time and spending a good amount of money.

If they were hurting, they wouldn't be spending, but they are.

If they were depressed, they wouldn't be going out, but they are.

And if they were foaming at the mouth angry, they wouldn't be foaming at the mouth for an iPhone.

No, this stuff doesn't happen in bad economies — only good ones.

Only in America can the media that wants to keep us in a dark place, prove its collective head is lodged in an even darker one.

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Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World with Cavuto - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In. Click here for more on Neil Cavuto.