Journalism Needs a Bailout?

Submitted by Steve Hanson on Thu, 03/26/2009 – 6:59am

John Nicholls and Robert W. McChesney published a rather fascinating article in The Nation this week, suggesting that the answer to the newspaper death spiral is a government bailout – a combination of free postage, subsidies, and other means to economically support media and reporting in the US.  I’m not sure how I personally feel about this idea- it grates against all my instincts, yet it’s at least a proposal that I can believe would be more likely to have a positive effect than most.

On another note – from the local Wisconsin viewpoint, two of our state local papers are cutting Mondays out of their publication schedule. And so journalism continues to die by a thousand papercuts.