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> The economic impact analysis comes as the NEA is facing severe cuts under U.S. President Donald Trump’s proposed budget, and one year after the agency staved
by hwillis 8y ago
> The economic impact analysis comes as the NEA is facing severe cuts under U.S. President Donald Trump’s proposed budget, and one year after the agency staved off the threat of total elimination by his administration.
Did you somehow read the article to be saying that we should immediately stop driving trucks and growing food? It's an extremely practical story. It's not about what humans need, but what the US specifically exports and how investing in those industries is important to our economic future.
Investing in more transport (aside from fixing failing infrastructure) or agriculture will not result in much of a return. People don't consume more food because there's more available. They do consume more culture.
> Expensive and rare things like Ferraris or Jeff Koon's flowers aren't more important than free things like air, water springs and insects.
TV, film and books, mainly. But the NEA is budgeted at 150 million (set to be cut to 29 million) for returns of 763 billion, with 4.9% growth. Investing in the arts is incredibly profitable and great for the economy. It's all worthless if the ocean covers the plains, but 150 million is practically nothing when it comes to the environment. The taxes from whatever portion of 763 billion that the NEA's budget fostered is surely higher than the 150 million dollar input.
- dantheman 8y agoI don't think you can say the NEA is responsible for anywhere near the 763 billion... In the article it even states that the government spends: >The government (federal, state, and local) also provided a major $101.5 billion boost to the sector, mainly in visual and performing arts education funding, according to the data. The NEA is a rounding error in government arts spending.
- deleted 8y ago[deleted]