It is really recession, isn't it? Liz Smith, the 86 year old gossip columnist has to go because the New York Post can no longer afford to pay her salary.
Here is the news:
NEW YORK - The New York Post is dropping Liz Smith’s column this week to save money, leaving the legendary gossip columnist without a newspaper home in the city for the first time in 33 years.
“I’m very sorry that that has come to an end, and that I wasn’t valuable enough for them to keep me on,” the 86-year-old Smith said Tuesday.
Smith said the daily newspaper declined to renew her $125,000 annual contract in a letter that said, “due to economic circumstances, they were the bearer of bad news and so forth.”
But of course, her column is being syndicated in several newspapers.
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