Mises Wire

Trust in Media Collapses

Trust in Media Collapses

It’s fascinating to look at the long-term trend of public regard for the media establishment. In the days of Watergate, three channels, the Cold War, and Walter Cronkite (oh what Hell it was to be alive then!), 3/4 said the media was trustworthy and only 1/4 said it was untrustworthy. Today, fully 57% say that major media is spouting baloney while only 43% are still to trust and obey. This is a major way in which the world has changed since the Internet. (h/t Zerohedge and Reddit)

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