Is this the end for poetry?

Poetry is in trouble. At least according to the NEA and Newsweek.
"In 2008, just 8.3 percent of adults had read any poetry in the preceding 12 months," Marc Bain writes in an online article this week, citing January's NEA report "Reading on the Rise."
"That figure was 12.1 percent in 2002, and in 1992, it was 17.1 percent, meaning the number of people reading poetry has decreased by approximately half over the past 16 years."
The NEA report showed fiction readership on the rise, a fact met with general enthusiasm among literary types, but poetry readership in the dumps:
"Almost as an afterthought, the report also noted that the number of adults reading poetry had continued to decline, bringing poetry's readership to its lowest point in at least 16 years."
Is it because contemporary poetry is exceptionally bad?
Is it because advocacy organizations aren't doing their jobs?
Is it because critcs aren't doing theirs?
Is it because the public just doesn't get it?
Is it because teachers haven't read their Kenneth Koch?
The whole article, and a few answers, can be found here.