There is an provocative kernel inside the grand husk of a column from Reason Magazine editor Matt Welch, and it goes like this: No matter that some are calling for the bailout of newspapers, they are still overstaffed with underperforming writers.
They have ombudsmen, editorial boards and other throwbacks that he says add no value. Speaking of valueless, he wonders if any newspaper added value to the presidential race through its coverage. He echoes others in suggesting newspapers had a long time to get it together, so bailouts should not be considered now that they're challenged.
He expects to lose friends over what he's written.
