In your level-headed Wednesday media column: Jared Kushner congratulates his busy employees, the New York Times Co. explains how broke it is, a great idea for J-schools, and Fitness magazine finds success in fat America, somehow.

Delusional Americans Love Fitness Magazine

New York Observer owner Jared Kushner, fresh off some public trash-talking about his own staff in New York magazine, tells Jeff Bercovici that the paper's staff is doing great under new editor Tom McGeveran: "There's less inefficiency in the newsroom. People are busier. People are producing, and happy to be doing so." Layoffs will do that! Also he's still searching for someone to replace McGeveran, so, we'll see.

Delusional Americans Love Fitness Magazine

In a memo to New York Times staffers about the company's debt and how it's managing it, Sulzberger and Robinson lay out all the well-known facts about how the company has basically pawned everything it owns and is living off credit cards, then say: "As a recent article in AdAge asked, 'But can it [the Times Company] last through 2011? As it turns out, we think the answer is yes, and then some.' We couldn't agree more." We find this memo less than reassuring.

Delusional Americans Love Fitness Magazine

Richard Sine makes the fair and reasonable suggestion that J-schools—which sell a skill set vaguely suited to a poorly-paid, shrinking profession—shrink their own enrollments to match the current job market. Which is to say, down to nothing! Or thereabouts. He suggests they offer one-off classes in actual, useful skills, at prices that would open them to anyone. Great suggestions, which will never happen as long as Nick Lemann has a breath in his body.

Delusional Americans Love Fitness Magazine

The biggest ad page gainer of all in the first half of this year: Fitness Magazine, up more than 18%. It must be either the bikini babes on the cover or this. But not both.