Showing posts with label revenue. Show all posts
Showing posts with label revenue. Show all posts

Friday, February 15, 2019

Can media survive the Trump presidency?

Journalistic standards were dropping 3-4 decades before Trump won, and the editorial bias was to the left. However, once the print media had to compete with the internet media things really got serious.  The media, both old school and new, are dependent on ads for income.  Sure, some have subscriptions, (one is actually owned by the richest man in the world and could care less about accuracy) but now it's all about the click count or full page ads of faculty names or companies supporting climate scares or fighting the rape culture. If you've noticed, some of the on-line content not only isn't information or commentary, but it's disguised advertising. Pew says newspaper print ad revenue fell by 2/3 between 2006 and 2016. But what brings on the clicks?  Any salacious and twisted story about President Trump.  They helped create his campaign by giving him so much coverage, and now they're still dependent on him while they attempt to destroy him, but in the process use him to fatten their sad bank accounts.

Yes, Trump blasts "fake news" and that gets journalists worked up who then fight back, but unfortunately they don't even see their own biases and some really believe they are being objective and fair. And then there are revelations like those of Andrew McCabe's book which just prove him right again.

Conservatives knew for years before the 2016 election that they weren't being treated fairly, that the intellectual "elites" in the media, academe, DC, the state houses, and entertainment were slamming, ridiculing and dissing them. So it's been a perfect storm--falling advertising revenue, loss of readership by customers who don't trust them (most people don't enjoy being insulted by someone who wants to sell them something), and a President who calls them out on their bias.

I would like to see the old print media survive, and the web media improve, but they've got a few miles to go to win back the country and become solvent again.



"If you’re a working journalist and you believe that Donald J. Trump is a demagogue playing to the nation’s worst racist and nationalistic tendencies, that he cozies up to anti-American dictators and that he would be dangerous with control of the United States nuclear codes, how the heck are you supposed to cover him?

Because if you believe all of those things, you have to throw out the textbook American journalism has been using for the better part of the past half-century, if not longer, and approach it in a way you’ve never approached anything in your career. If you view a Trump presidency as something that’s potentially dangerous, then your reporting is going to reflect that. You would move closer than you’ve ever been to being oppositional. That’s uncomfortable and uncharted territory for every mainstream, nonopinion journalist I’ve ever known, and by normal standards, untenable."  https://www.nytimes.com/2016/08/08/business/balance-fairness-and-a-proudly-provocative-presidential-candidate.html

Monday, November 16, 2009

Four little words

If you want to know why programs to end social ills or create social benefits never die, they only expand, just Google these four words, "dedicated revenue streams to" and then browse municipal, county, state and federal ways to keep a lot of people employed solving society's problems. Here's a few I found
  • "The General Assembly has to think out of the box to come up with new and sustainable revenue streams." Democratic candidate addresses the Virginia state budget. The Republican suggested sacrifice and discipline.

  • "Miami-Dade County Food and Beverage Tax: A Dedicated Revenue Source Invested for Results" [to end homelessness]

  • . . . the General Fund would be placed under increasing stress in the next four years, making it hard to produce sufficient revenues to make up for the diversion of the two new dedicated revenue streams to transportation uses [New Jersey transportation proposals]

  • Western Wyoming Community College Distict's Series 2007 Lease Revenue Bond SPUR Raised To 'A+' On Dedicated Revenue Streams

  • The federal government could follow the example of enlightened states and municipalities that use dedicated revenue streams to fund arts and cultural programs. Some 40 communities nationwide dedicate a portion of hotel/motel taxes to arts and cultural programs, acknowledging that cultural activity attracts tourism.

  • The VSO [Vermont Symphony Orchestra] must find new, permanent, and dedicated revenue streams to perpetuate this annual musical offering to the state’s most underserved regions.

  • “As Colorado’s open spaces and agricultural lands continue to rapidly vanish, counties are searching for dedicated revenue streams to protect and preserve their valuable resources,” said Environment Colorado Land Use Associate Pam Kiely. “This legislation [sales tax increase] will provide an essential tool to tackle this problem.”

  • "Americans purchase more than 30 billion single serving bottles a year—was used to create $3 billion-a-year revenue stream dedicated to a federal entity investing in the creation of clean water sources. A dedicated funding stream with a sound policy rationale to support investment ininfrastructure is not a new notion, just an underused one."

  • [Robert] Moses leveraged tolls and other dedicated revenue streams to borrow money, and put shovels in the ground immediately even if all financing was not complete. He knew that once a project started it would be difficult to stop.

  • As councilmember, I will establish one or more dedicated revenue streams to fund metro expansion. I will also seek funding from the federal government as well as our metro partners in Maryland and Virginia. [DC for Democracy, no party given, but he was pro-choice and pro-gay marriage]

  • These proposals [tax on beverage and containers] could both increase dedicated revenue streams to preserve and promote City recycling and decrease the amount of waste to be transported through MTS sites.

  • Rep. Earl Blumenauer (D-OR) introduced legislation this week (HR 3032) that would create a new trust fund, supported by dedicated revenue streams, to fund an expanded federal water infrastructure effort. [$10 billion from taxes on soft drinks, pharmaceuticals, and other consumer products, as well as a 0.15 percent corporate tax on profits over $4 million.]

  • Some states also create dedicated revenue sources to support out-of-school time initiatives. Dedicated revenue sources raise and/or direct public funds for a specifi c purpose. Mechanisms for generating dedicated revenue include special taxes, guaranteed expenditure minimums, fees and narrowly based taxes, income tax checkoffs, and children’s trust funds. Creating dedicated revenue sources can be diffi cult, but this funding can provide resources for out-of-school time programs throughout a state, including rural communities.
And so it goes. I don't know what they'll do if people actually stop drinking soft drinks or using throw away containers. Find a new tax I guess. One important "dedicated stream" is that which funds the various housing trusts which now exist in at least 40 states. The one in Ohio went from almost nothing to $56 million (FY 2008) in just 20 years. I think ours is based on transfer of real estate fees, but your state may be different. Transfer of wealth is not just for the federal government.