February 13, 2026

YOU CAN’T GO ON DESTROYING WEALTH FOREVER, YOU KNOW. Ultimately, There Are Consequences:

Yeah, it sucks when your job gets blown up.

But the employees at the Washington Post have been, for far longer than Jeff Bezos has owned it, almost universally in favor of an ideology that is injurious to prosperity, entrepreneurship, and behavioral success.

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It turns out that the internet is, on balance, a superior news medium than is newsprint (and I say this as someone who used to publish a print publication). The internet provides for dynamic content, audio and video, live streaming, and lots of other things you can’t get from print. And it doesn’t require the use of a printing press to disseminate information.

Which means the market isn’t in need of legacy prestige publications like the Washington Post like it once was, and so the trappings of significance that publication has carried far past the reality of its circumstances have made for red ink.

And lots of it.

The Post loses money because it ran off the conservative side of its subscription base, and then, when it attempted to recover some sort of balance by refusing to endorse the farcical Kamala Harris in 2024, it ran off the leftist subscribers who remained. And it did these things at a time when it was of decreasing necessity to have a bloated, lavish news agency like the Post to cover events from sea to shining sea.

So eventually the destruction of wealth by incompetent people — both businessmen and journalists — was going to result in a correction. Bezos doesn’t have a perfect record of brilliance in business — he bought this turkey in the first place, after all — but he did build Amazon from nothing and therefore he does understand the concept of a long-term business vision and how that compares to a lack of one.

But the Democratic party operatives with bylines still remaining at the Post would like to keep on destroying wealth for as long as possible, consequences be damned:

That’s really odd, considering we’ve been reliably told for several decades now that oligarchy is a really, really bad thing:

Posted at 12:30 pm by Ed Driscoll