President Clinton laments 'dilemma' of media industry

Former President Bill Clinton (D-AR) lamented the state of the media industry.

"I think it's a real dilemma now, because of the economics of running magazines and newspapers, or even online sites, being able to disaggregate between a legitimate daily headline and a long-term trend line which may at least cause people to pause before they become suicidal over the daily headline. Or euphoric over the daily headline,” Clinton said.

Clinton said that Fox News has a “good business model” for being a favorite among so many conservatives. He noted that his late mother-in-law, Dorothy Howell Rodham, was the most liberal member of their family but watched the right-leaning network every day. “I asked her if she was trying to give herself a heart attack. She said ‘no, I’m just trying to get my blood pumping.’ But then she seriously said, she said, ‘first of all, Bill, I need to know what they're saying so I have an answer and I need to know what they're saying in case they're right. She said, nobody's wrong all the time. It's like almost biologically impossible," Clinton said. "So it was really interesting to see for me, as I had time to study this in the last few years, how much we are disaggregating ourselves from people who disagree with us."