The New York Times has long supported both unions and high taxes—but at last, the once-great newspaper is forced to recognize reality: that unions and high taxes are anything but good for business. On November 12, 2009, the Times announced that it would be moving 25 staffers from the newsroom in New York to The Gainesville Sun’s newsroom in Florida. Why?
Because the Florida paper’s “newsroom is not unionized and has lower salaries.”
According to Reuters, “the New York Times Co informed non-union employees that it would stop contributions to their pensions at the end of the year. The company plans to instead contribute 3 percent of non-union employees’ salaries each year to their 401K plans.” Reuters adds, “The New York Times Co has experienced declines in advertising and mounting debt that have forced it to cut costs and sell assets.”
It really is fitting that after all of this flagrant support for progressive tax and union policies, the Times has to move to Florida. Now the real test will be if the Times continues supporting all the policies that forced the move in the first place.
Read More: By Allie Winegar Duzett, Boycott the NYT