Ross Barkan wrote in The Guardian that he thinks “financial woes pose a far greater threat to the news industry than anything Trump says or does.” While it’s a common concern that Donald Trump’s often harsh words for journalists are an existential threat to the discipline, there are other threats at play, according to Bob Moser in an article for the Columbia Journalism Review.

“Take bad economics, mix in the devaluing of journalism as a profession—both from within and without—and the downgrading of truth in American culture, and you have a recipe for despair,” Moser writes.

Moser talked to multiple journalists about what scared them about their profession during Trump’s presidency, and he discovered that the crisis goes much deeper than the president attacking them.