How to save journalism

In The Nation magazine, John Nichols and Robert McChesney put forward a $20 billion yearly "stimulus program" for journalism.
1) Eliminate postal rates for small periodicals.
2) Annual tax credit for people subscribing to dailies.
3) Fund student newspapers and broadcast stations in schools, colleges to connect young people and journalism.
4) Drastically expand funding of public and community broadcasting to $10 billion per year, equivalent on per capita basis, to what other democracies spend.