Spaced Out on Art Funding
Spacey makes the wild assertion that for every $1 billion the federal government invests in art programs, it gets $29 billion in return to the U.S. Treasury.
"For that billion dollars that is put into the funding of arts and culture around this country, $29 billion comes back into the Treasury... There is no other issue, no other area of the budget, that has that kind of return on its investment,” he said.Really Kevin? How does that work? Where do you get that $29 billion figure and how is it directly connected to the $1 billion showered on the arts community by the federal government?
Because if it's true the government shouldn't invest $1 trillion to subsidize America's starving artists. After all wouldn't that mean $29 trillion for the U.S. Treasury that could be spent on such boring things as infrastructure, childhood education, and feeding poor people?
Could the $29 billion be the amount of taxes artists, art-related businesses, movie-producers, and other art-related industries pay to the government? And if so, what doesn't the $1 billion of government subsidies have to do with it? If that $1 billion were withheld tomorrow, there were still be movies, painters, actors, singers, etc. There were still be a huge market for art in this country even if government cuts its subsidy for it in half or to even to zero.
At a time when all sorts of special pleaders are being told they're going to have to do with less from the government, it shouldn't be hard to tell a couple of millionaire actors where to shove their demand to keep the handouts coming.