You know what, you’re right. Numbers have shifted since I last checked this, there’s more funding from members than before 2020. The (now 30%) station contribution has less federal dollars in it checking the larger station revenue reports. It’s probably around 15% without spreadsheeting it, I didn’t check PBS.

Nah they get more than that, it’s like 40-70% but it filters through individual member stations. This cut will be felt. Even the shift in his first term towards more corporate donations to stay afloat hurt them, badly.

The reason that the stock market cratered in response to this was that regular consumers are about to get hit with a 25%+ price increase on literally everything they buy. If you don’t make 25% more paycheck, you’re going to be cutting your lifestyle by the difference. Companies know this and are anticipating major lost revenue because people won’t have money to spend on their products. The price increases are probably going to be in full swing in 2-3 months, but that’s an educated guess, only.