NY Times in Crisis, Bush Offers Journalistic Stimulus Plan


(2008-04-25) — As New York Times Executive Editor Bill Keller stands poised to clear 100 reporters and editors from the newsroom due to falling advertising revenue, President George Bush today said Congress should intervene to rescue “The Grey Lady” by quickly passing what he called a “journalistic stimulus package.”

Similar to the president’s economic stimulus package which rescued capitalism from itself, the journalistic stimulus package would protect New York Times readers from editorial instability, while ensuring full employment for reporters and editors whose product is no longer in demand.

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