Tuesday, February 03, 2009

Psst...don't tell Kevin

It does seem odd that when thinking about ways to stimulate the Australian economy, one of the first things our PM should announce is spending on home insulation.

But, it could have been worse:
In their search to find programs upon which to rest the complaint that the stimulus bill is too generous, some conservatives have seized upon one of their favorite whipping boys: the arts. "Even [House Republicans] can't quite believe it... $50 million for that great engine of job creation, the National Endowment for the Arts," declared Rep. Mike Pence (R-Indiana).
Pence was being sarcastic, of course, but the rest of the article is a defence of government spending on the arts as a stimulus measure:
Arts are actually a great form of economic investment, particularly public art, and they should be amply funded in the stimulus package. Every year nonprofit arts organizations generate $166.2 billion in economic activity, support 5.7 million jobs, and send almost $30 billion back to government, according to Americans for the Arts. There is hardly a person more likely to go out and spend her stimulus check than a starving artist.
One suspects a certain rubberiness in those figures. It also continues the line that was behind much of Rudd's first stimulus idea: that that the poorest people are the best to "stimulate". If we follow that logic too far, we'll end up with the most confortable old age pensioners, unemployable Bachelor of Arts graduates and no-audience polemic playwrights in the world, while the government and those actually doing productive work get pooer. Then I guess it'll be their turn for stimulus.

No comments:

Post a Comment