Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
One notes that Oram's employer - the Newsroom website - has been a huge beneficiary of the Labour Government's controversial $55 million (Public Information Journalism Fund (PIJF).
Over the six rounds of PIJF funding, Newsroom took $2,377,356 in taxpayer handouts - over 4% of the total fund.
With some media outfits sticking their noses so deeply into this dodgy trough of state funding, it's no wonder the public are losing trust in these media outlets, especially when they cuddle up so closely to the Government so they can suckle from the taxpayer teat.
