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Originally Posted by tammyleeb  I am sure that many will indeed benefit from the inaugaration. I won't be one of them. Instead I will continue to go to work, and try to feed my family, pay for my home, buy my needed medicines and heat my home. I just feel that the estimated 50-100 million dollars that will be spent on this celebration could be used for more important things. Call me crazy.... |
Just curious...
Where do you think this money is being spent? It's not like it is being sent to China or the Middle East in big bags. It not like they are going to be burning it in the streets to keep people warn lining the parade route.
I'm always shocked when people say "this money could be used for more important things" or something of that nature.
I beg the question, with even the basic High School knowledge of how economics work in a capitalistic society driven by open markets, how can one not see that this is a benefit in the big picture and not a hinderance?
Like you, there are many people that go to work everyday to accomplish the same goal...feed family, heat house, etc. These are people that will be working security for the event, run the public transportation vehicles that will move people, print the tickets for the event, produce the tv broadcast, step up the lights, clean up the streets, work in the hotels...and the list goes on and on. These are people that might not have jobs if this, or costly events like this, don't occur. So, I don't see how the money spent on this event will be wasted. Is the answer to try and put it back into a struggling workforce or to not spend anything at all?
Modern day economics dictates that not only does money "trickle down" but it spreads....like a big puddle. In the last few years, our economy has been "been all bottled up" and the higher levels....and less is being flushed out into the markets. For example....times are bad....so a company says we need to cut or travel expenses by 10%. Who does it effect? It saves that company 10% but cost many others -- airlines, rental car agencies, taxi drivers, hotels, event planners, technology rentals, and the list goes on.
My uncle always said "you have to sned money to make money" -- an in this case, it is true.