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Argument: Government subsidizes many things; subsidize journalism too

Issue Report: Should governments bailout journalism?

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Rosa Brooks. “Bail out journalism”. Los Angeles Times. April 9, 2009: “If we’re willing to use taxpayer money to build roads, pay teachers and maintain a military; if we’re willing to bail out banks and insurance companies and failing automakers, we should be willing to part with some public funds to keep journalism alive too.”

John Nichols and Robert McChesney. “The Death and Life of Great American Newspapers”. Nation. March 18, 2009: Currently the government spends less than $450 million annually on public media. (To put matters in perspective, it spends several times that much on Pentagon public relations designed, among other things, to encourage favorable press coverage of the wars that the vast majority of Americans oppose.) Based on what other highly democratic and free countries do, the allocation from the government should be closer to $10 billion. All totaled, the suggestions we make here for subscription subsidies, postal reforms, youth media and investment in public broadcasting have a price tag in the range of $60 billion over the next three years.

Ross Douthat. “Where’s the Journalism Bailout?”. The Atlantic. November 13, 2008: “what about the journalism industry? What about us – my friends and co-workers, and friends of friends and co-workers of co-workers, who’ve spent the last five years watching our business slowly circle the drain? Doesn’t America need the New York Times as much at it needs the Chevy Cobalt? Isn’t the Star-Ledger as important as the GMC Savana? Sure, GM employs roughly five times as many people as all all of America’s newsrooms combined – but that just means that we’d be much, much cheaper to bail out! GM needs $25 billion, but we’d settle for, I dunno, five billion? Pocket change, in other words! And we’d be so, so grateful. If you think your coverage couldn’t get more lovey-dovey than it already is, Mr. President-Elect, the magazine and newspaper editors of America stand ready to prove you wrong – and all for a fraction of what it took to bail out those ingrates on Wall Street.”