That’s us. It’s you and me and they mean to crush us.
By: Republican Informer, January 2023:
According to their most recent proposal, the federal government wants to get more involved in local news outlets.
As if they aren’t overly involved already.
According to reports, the Government Accountability Office (GAO) proposed issuing a public policy to assist local journalism and combat misinformation in a recent report. According to the GAO, the lack of economic viability of local news was the problem that caused over 2,000 local newspapers to close since the early 2000s.
They’re losing money and subscribers because many think they don’t report the truth.
According to reports, the GAO proposed tax breaks or credits, direct government funding, government advertising, federal grants or loans, and government intervention with dominant internet platforms to support local nonprofit news. Their report also suggested that the government enact policies to protect certain types of public interest journalism from market failure.
According to the GAO, no universal definition of “public interest journalism” exists. They do, however, define public interest journalism as covering issues of public significance to engage citizens and inform democratic decision-making, which includes investigations into civically important topics.
According to the GAO, public interest journalism serves a public good for society and generates positive externalities. Consumer desire for the government’s standard of public interest journalism may be nonexistent because consumers are unaware of the extent of its benefits.
The agency also warned that decentralizing news production and distribution online, mainly through social media, threatens public interest journalism…..
EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.