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Journalism Needs a Bailout?

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.
- Steve Hanson's blog
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