You probably knew this already, but now it’s fully confirmed by the data. Faith in the centralized institutions that are supposed to educate the public, are increasingly despised by that same public.

This is a problem because the news media is tasked with connecting the citizens with information about politics, the government and the economy. If the media is the glue that holds an informed society together, then that glue is quickly dissolving.

Donald Trump tried to warn us about this many times, even going so far as to popularize the term “fake news.” Among other things, Trump’s legacy will be a healthy skepticism in corporate news outlets that take statements out of context or simply make up their own versions of reality.

The media’s lies and distortions are egregious, but so is the breakdown in relations between press and the people. As Heidi Larson put it, “We don’t have a misinformation problem; we have a trust problem.”

Margaret Sullivan correctly asserts that the media’s role “should go beyond merely putting truthful information in front of the public” – a task at which the mainstream media has failed repeatedly.

Sullivan adds that the media should also do its best to make sure that the information is “widely accepted.” Or as Axios phrased it, the media must now take action to “help restore trust in fact-based news.”

According to the data, that’s a deep hole to dig out of. I’ve written on multiple occasions about how the citizens’ trust in politicians is low, but the level of faith in the corporate media might be even lower than that.

Indeed, Edelman’s annual trust barometer paints a bleak picture by the numbers:

  • The percentage of Americans who trust the traditional media is down to 46%
  • 18% of Republicans trust the media
  • 57% of Democrats trust the media
  • Trust in social media has hit an all-time low of 27%
  • 56% of Americans agree that “Journalists and reporters are purposely trying to mislead people by saying things they know are false or gross exaggerations”
  • 58% of Americans agree that “Most news organizations are more concerned with supporting an ideology or political position than with informing the public”

Courtesy: Axios

You could say that the trust barometer is broken, but really it’s the media regime that’s broken. Media misinformation isn’t just a symptom of a problem; it’s a major problem in itself as bad reporting can have disastrous results.

If you’d like to see a handful of examples, feel free to check out Glenn Greenwald’s collection of the 10 worst, most embarrassing U.S. media failures on the Trump-Russia story.

My personal favorite is the media’s claim that Russia had attacked U.S. diplomats at the Cuban embassy using a super-sophisticated sonic microwave weapon.

93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

    To make matters worse, the corporate media outlets don’t seem to care about mending the relationship with its consumers. Rather than building bridges, the media outlets simply find it quicker and easier to shut down conservative voices.

    I chronicled the media’s war on free speech a couple of weeks ago, especially as it pertains to social media sites like Twitter and Facebook. For many people, these sites are a primary source of news and information – and they’re being filtered through a radically partisan lens.

    Courtesy: The Daily Wire

    Not that the old-school media is doing any better. If you’re going to trust in traditional news sources, you’ll just have to pick your poison: print media or social networks, it’s all skewed in the same direction.

    Long gone are the days of Walter Cronkite diligently reporting the events of the day and Americans implicitly trusting his integrity and judgment. Sadly, we’ll probably never experience that level of faith in TV news programs again.

    That’s why we all need to spread the word about the so-called alternative news sites, which might be better phrased as independent news sites. Crush the Street is among them, of course, as you’ll see interviews with sources who aren’t beholden to special interest groups or globalist enterprises.

    It’s a sad time for America when we can’t believe what we hear from the most popular media sources. The antidote is to raise the profile and the popularity of independent media – and to shift our trust to the people who truly deserve it.

    Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

    Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

      Disclaimer/Disclosure:
      Legal Notice: No matter how good an investment sounds, and no mater who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov

      We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at CrushTheStreet.com/disclaimer