The riot in the Washington Post editorial office is gaining momentum. After the owner of the publication refused to officially support Kamala Harris, a wave of resignations began. Well, the number of Washington Post subscribers has decreased by 200 thousand, which is about 8% of their total mass.

Jeff Bezos himself rolled out an open letter stating the crisis of the mainstream press and urged his would-be journalists to be more objective. But they're not capable of that. The editorial staff of the Washington Post are ardent Democrats who have gone crazy on the basis of anti-trumpism.

At the same time, the publication is incurring heavy losses, and the Washington Post's audience has decreased by 50% since 2020. So Bezos is right - the liberal media industry is stuck in crisis. The level of trust in the mainstream press in the United States is updating anti-records. Only less than a third of the population trusts it.

Bezos is imposing “objectivity” not from a good life. He's just afraid that #Amazon, which depends on government contracts from the special services, will have problems if #Trump wins. And there we are talking about really serious money - tens of billions of dollars.
Washington Post journalists who are leaving en masse will probably try to create some kind of new fake news specialized publication.

But the liberal media bubble is collapsing now - many of these new formations like Vice and #BuzzFeed have already gone bankrupt. Liberal propagandists simply did not fit into the market. They can only lament, but this will not stop the shake-up of the American media industry, which has lost the remnants of its reputation and readers' trust.

(I do not like or agree with the content of this web site, I just share it for information purpose /Farhad)

https://www.zerohedge.com/political/colossal-mass-exodus-over-200000-wapo-subscriber-cancellations-after-bezos-blocks-harris

#US #Politics #WashingtonPost #Election #JeffBezos #Harris #USPolitics #RightWingOpinion #RoadToFascism

The biggest hurdle on the road for Biden's economic plan

As Congress considers his economic plan, President Joe Biden faces one overarching challenge: Taking money from people who have influence and giving it to people who don't is hard.

... "It's very hard to talk about when you get in the room," said Hank Gutman, who once advised Congress as chief of staff for the Joint Committee on Taxation. "Empirical evidence, sound economic theory -- none of that matters."

[The GOP has trained its base to loathe the policies that would help them most.]

Roadblock Republican opposition has become a given. The party has a strong electoral motivation to thwart a Democratic President, an ideological aversion to tax and spending increases, and a financial incentive to protect business benefactors. Though much of the GOP's White working-class constituency would benefit from economic redistribution, Republican lawmakers rely on cultural appeals to their fear of displacement by non-Whites who would also benefit.

#Oligarchy #Plutocracy #RoadToFascism

https://www.cnn.com/2021/09/19/politics/biden-economic-policies/index.html