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Great News: The boring but very nasty magazine, The Atlantic, is rapidly failing, going down the tubes, and has just been forced to announce it is laying off at least 20% of its staff in order to limp into the future. This is a tough time to be in the Fake News Business!
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The President is celebrating people losing their jobs. It’s despicable. Publications are supported by ad revenues + subscription dollars. Ad revenue has taken a massive tumble on account of the pandemic. Virtually every media company in the world is feeling it.
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