Politico argues that, with the recent departure of some high-profile reporters and editors, “The New York Times is suffering a brain drain.”
Wait a minute, says the Washington Post, trying to get in on the action. “Hey, what about Politico’s ‘brain drain’?” reads the Post’s headline. “Considering that Politico has about 160 newsroom employees now listed on its masthead (including the video pod), that means that the outlet has suffered a 5 percent departure rate, more than two times the rate of the New York Times.”
They’re probably both, in some ways, right.
But while one is calling out the other who’s calling out the other, maybe it’s worth pointing out that the Post’s own position isn’t exactly enviable either.
As John Nolte noted recently, when the Post was sold to Jeff Bezos, the Washington, D.C., paper lost 87 percent of its value in a decade.
That represents an 87% loss in just a decade. You figure in ten years of inflation and we are probably over 90%.
