Wednesday, May 13, 2009

US newspapers eye government support

A tentative, eleventh-hour agreement struck between The New York Times and the Boston Globe’s labour unions has meant that Senator John Kerry’s hometown newspaper has been rescued.

The New York Times has been locked in dispute since early April with labour unions at its lossmaking Boston Globe over $20m in cuts that included the elimination of lifetime job guarantees, but reached a truce last week.

It has been enough to permit consideration of what was previously unthinkable – US government intervention to preserve high-quality local reporting, Senator John Kerry, the former presidential candidate, told the Financial Times...

[Yet another case of liberalism not surviving in the competitive marketplace of ideas, so big-progressive-government will step in to subsidize it with our tax dollars. I.e., state run newspapers - sound familiar? ]

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