The wonderfully wonky American Prospect—launched 22 years ago to support serious liberal thought and journalism—sent out a serious distress call this morning, announcing that it needs to raise $500,000 by the end of May or it will have to stop printing.
"If the Prospect has to fold, a key part of America’s progressive infrastructure will unravel at the worst possible time," writes editor Kit Rachlis.
All of which is to say that it's a double tragedy if (and, increasingly it seems, when) publications like this go under. The kind of institutional support and encouragement provided to young journalists by places like The Prospect cannot be easily replaced.
More thoughts on the Prospect's past and future are being collected on its Twitter feed.