The problem is that journalism’s true value-creating work, the keystone of American journalism, the principle around which it is organized, is public-interest reporting; the kind that is usually expensive, risky, stressful, and time-consuming. Public-interest reporting isn’t just another tab on the home page. It is a core value, the thing that builds trust, sets agendas, clarifies public understanding, challenges powerful institutions, and generates reform. It is, in the end, the point.
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