Critical piece by David Cay Johnston on why reporting is so bad, getting worse and going away, all at the same time.

This problem is not with the breakdown in the centuries-old economic model, a simple model that many journalists do not really understand. Connecting buyers and sellers who are in search of one another pays the bills. What draws them is a desire to find out that which is important but that they did not know. We call this information the news.

Far too much of what we produce today is already widely known. We fill so many pages with rehashed or known information that on many days these publications could properly be called oldspapers. It’s not like there isn’t important and revealing news all around us. There is. It’s just that we seem swept up in a herd mentality with too narrow a focus and too much eagerness to rely on what sources tell us rather than asking these same people to address important facts that lie in plain sight in the public record.

Lazy, incurious, often-times just plain dumb… know anybody like that? Relying on them for your world view?