by Kerry Dougherty

When did legacy journalists and the politicians who love them become such a squawking bunch of overwrought socialists?

When news broke yesterday of a bloodbath at The Washington Post – 300 employees were laid off – a chorus of imbeciles rose up to demand that owner Jeff Bezos prop up the losing enterprise with his own pocket money.

The Washington Post has been unprofitable for decades. The newspaper was losing $49 million in the first half of 2013 when Jeff Bezos rescued the paper by buying it for $250 million in cash.

This year The Post is on track to lose $100 million.

“We are losing large amounts of money. Your audience has halved in recent years. People are not reading your stuff. I can’t sugarcoat it anymore,” WaPo CEO and publisher Will Lewis told staff on Monday.

Their reaction? Not shame that their product is poor, but a general sense of entitlement to their owner’s personal funds. Continue reading.