Cagle went on to complain that “I’d be bitter, too, if I were Beef Products, Inc.” According to Cagle, a BPI win against ABC would be “chilling for reporting on industrial food,” as opposed to encouraging more professional and accurate news coverage.
For many Americans, ABC, NBC and CBS are the major source of news on business and the economy. Unfortunately, this is like depending on the middle school student newspaper for information about important local school board deliberations.
Network reporters are either ill-prepared to discuss complex issues of economics, finance and business or choose to be advocates for viewpoints rather than objective reporters who strive for balance. Liberal preferences for government solutions and interventionism as well as hostility toward wealth and profit dominate network coverage.