“Despite some tentative optimism from Washington, Wall Street and Madison Avenue, people who monitor the newspaper business for a living say it has not yet hit bottom.” 9/20/2009 -NYTimes.com (yeah that’s right, the FREE site)

“Sen. Ben Cardin (D-Md.) has introduced S. 673, the so-called “Newspaper Revitalization Act,” that would give outlets tax deals if they were to restructure as 501(c)(3) corporations.” 9/20/2009 -TheHill.com

So if going out of business and/or seeking a bailout from the Federal Government is not the bottom then hey, the Buggy Whip industry hasn’t hit bottom either.  The Buggy Whip makers have seen a stabilization and even increase in sales in the last few years… yep, things are fine.

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