A senior told me they earned more 10 years ago than I do now starting out. And that was before rent cost a small fortune. Why is it acceptable for media companies to run on passion instead of fair pay?

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It is in all industries and it is not acceptable but it is what happened when Reagan began the major Union busting that killed the middle class rise in the mid 1980s....it stopped everything dead. You can from that point forward track the rise of CEO salaries, profits of companies while the min. wage and workers' salaries stagnant....and "right to work" causes people to lose everything including their retirement pay they worked so hard for. Yes, you can lose up to 75% of your retirement pay now....and it was also the beginning of the failed experiment called "IRA" for retirement savings.

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They'll say it's because no one buys newspapers anymore. But that doesn't explain the same trend in all other industries too.

Exactly. Passion does not pay rent. Media thrives on young talent but often forgets to value it fairly. Loving the job should not mean accepting being underpaid.

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