WASHINGTON. If you are something of a news junkie, you may have noticed there is a war going on between President Donald Trump and the nattering nabobs of the mainstream press. And although the media is more likely to report hysterical stories about President Trump and Russian spies colluding to bring down America, the media is less likely to report how their skewed news coverage is affecting their bottom line.
A failing business model
Recently, the New York Daily News shocked its news staff by announcing that half of them would be receiving pink slips. Parent company Tronc said it was “fundamentally restructuring the Daily News.”
This is the newspaper that is prone to printing Photoshop depictions
of the president as a clown.
Sulzberger cries uncle
And the Associated Press reported that New York Times publisher Arthur Sulzberger recently “implored” President Trump during a private White House meeting to:
“reconsider his broad attacks on journalists, calling the president’s anti-press rhetoric ‘not just divisive but increasingly dangerous.”
President Trump gave his usual pointed response via Twitter:
“Had a very good and interesting meeting at the White House with A.G. Sulzberger… Spent much time talking about the vast amount of Fake News being put out by the media & how that Fake News has morphed into phrase ‘Enemy of the People.’ Sad!”
Getting it wrong
You may recall that the Times printed a story claiming average middle-class families would see a tax increase of nearly $4,000 under the Republican tax cut. But the Times was forced to print a correction saying “the amount they would likely owe on taxes would decline by $43, not rise by $3,896.”
That was a mighty big Fake News correction.
And when it was claimed CNN and MSNBC saw their ratings crash and those of Fox News increase after Trump’s election as president, the fact-checkers at Snopes.com were forced to declare it “True.”
“On 7 December [Pearl Harbor Day!] 2016, the web site Truthfeed published an article reporting that the MSNBC and CNN cable news channels went into a ‘ratings freefall’ after the 2016 presidential election while Fox News’ viewership increased. It’s very clear what is happening here. Trump supporters are permanently boycotting both CNN and MSNBC in a punishing rebuke to their blatant anti-Trump bias during the  election,” said Snopes.
Not worth the paper it’s printed on
But the final icing on the Trump cake is a little reported side benefit to the president’s much-decried tariff wars.
According to Market Watch:
“It has been just over six months since the US Department of Commerce levied its first tariffs on Canadian uncoated groundwood paper, resulting in a significant rise in the cost of newsprint. Since then, newspaper publishers have struggled to adapt, incorporating newspaper section limits, cutting page counts, decreasing issue frequency and laying off staff.”
Fake news bias is a product of Trump Derangement Syndrome, or TDS. The politically driven phenomena that has grown stronger with every Trump administration accomplishment. Whether it is the possible denuclearization of the Korean peninsula to the booming US economy we are doomed.
The one that Nobel Prize-winning economist and New York Times columnist Paul Krugman assured his readers Trump would plunge into “a global recession, with no end in sight.”
Trump successes breed contempt
Last Thursday, the US Commerce Department reported second quarter GDP would expand by 4.1 percent. Meanwhile, other economists predict the number is likely to be closer to 4.4 percent.
But raging and bizarre fake-news maniacs like the aforementioned Krugman would never admit it was Trump that lifted America from President Obama’s endless recession and high unemployment “with no end in sight.”
And that’s why the media has lost so much credibility in the eyes of Americans. Americans, who along with Trump, believe an untruthful press has become the “Enemy of the People.”
Fake news, as the good folks at the New York Daily News, The New York Times, CNN and MSNBC can attest, is a failed business model.
Top Images: President Trump, adapted Voice of America photo. News organization logos.