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Michael Buffaloe

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    Michael Buffaloe commented  · 

    As devil's advocate, let me point out: if you require stations to pay reporters more, they'll simply fire all but their best reporters to save money. A beginning reporter's salary is low because there are a plethora of people with journalism degrees - the labor market is flooded with them - so, regardless of which outlet you work for, you'll be making chump change as a journalist until you prove you're better than the rest. If this were implemented, it'd likely just result in less openings and more unemployed - not really an optimal outcome.

    Aside from hoping that less people enter journalism's labor market and thus raise the starting price, I honestly don't know what the answer is. The economy is a fickle thing - regulate too much and you do damage, don't regulate enough and it takes advantage of the consumer - so a quick solution probably doesn't exist.

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