06/11/2021
ANDREW YANG: News outlets like CNN and Fox News are only making America's problems worse. If we don't incentivize fair reporting, our country will be run on lies.
Incendiary, sensationalist media has eroded public trust in the news to historic lows.
Media companies steer their coverage to the extreme ends of issues to make more money.
Establishing a new Fairness Doctrine would go a long way towards eliminating partisan bias in news.
Andrew Yang is an entrepreneur, political leader, and Founder of the Forward Party.
Phil Shawe is the Co-Founder, President and CEO of TransPerfect.
This is an opinion column. The thoughts expressed are those of the author.
Our society trusts banks to fulfill their function of securely storing an individual's money so that they can retrieve it at their leisure. Hence the phrase "you can bank on it."
Trust in the news media is faltering. In recent years, polling has shown that public trust in major media organizations is underwater at 40%, a number that continues trending downward.
Unless we incentivize a change to the way we tell news, it appears that we are stuck with this unfortunate reality. As of now, we cannot bank on truth, but we can definitely take untruthfulness to the bank.
The divisive nature of 24-hour news has rotted our trust in each other. We should be able to have trust in the American news apparatus.