It's worth acknowledging that the news media is succeeding in its effort to abandon the normal news media role of providing information to the public. Anyone who wants to know facts is wasting their time watching CNN or MSNBC or reading the New York Times. These folks are no longer providing their readers with true information and actual facts.
Instead, these media giants are primarily involved in a daily hatchet job, attacking their political enemies and praising their political friends. It is all about politics and little else. Blatantly false and misleading stories, told only from one, usually very extreme, political viewpoint are ubiquitous in these media outlets.
The nonsense news in these media forums extends to economics, politics, even sports. No subject is immune to the political bias of CNN, MSNBC, and the NY Times. Reporting about economics is so misleading and false in these media outlets that it would be difficult for someone using only these sources to have any idea about the true situation about the American economy or economies beyond our shores.
The problem with these media outlets is not simply that all stories are told from a single, extreme, point of view with often fabricated "facts." That is only part of the problem. The hatred for objective, balanced, news is palpable in the daily reporting. Note that these media outlets have largely ignored the "freedom of speech" issues that have engulfed university campuses. The media, like the modern university, abhors any diversity of thought or opinion. and will use every weapon at its disposal to crush free speech and free inquiry.
Admittedly, Fox News has its obvious slant. But Fox News gives the opposing views air time and seems a paragon of objectivity compared to CNN, MSNBC, and the NY Times. One can at least watch Fox News and come away knowing the essential facts about the American and world economy and about daily political activity of the country. That's not possible with CNN, MSNBC, and the NY Times.