Still Not Going To Do This Every Day

whatcriscilikes:

blocksonblox: Whoa whoa whoa. Aren’t people losing jobs?

Yes, it cost between $150 and $170 mil.

Yes, the unemployment rate is increasing.

No, just because we are all broke it doesn’t mean that products, services, and property cost less.

Yes, it is good for the economy to put on productions such as this because it does create jobs and feed money into the economy and hopefully into our pockets in the long run…think about the trickle down effect.

Cottle has some good thoughts on this:

…this inauguration is going to be more expensive than past ones. That said, the cost comparisons with the Bush 2005 festivities ($42 million for Bush vs. somewhere between $125 and $160 million for Obama) are beyond useless, in part because the Bush numbers being bandied about don’t include security costs (which account for the bulk of the bill at these affairs) and in part because the security and logistical needs for welcoming back a garden-variety second-term president are of course going to be vastly smaller than those for the first swearing in of—altogether now!—the first black president in the nation’s history. Nowhere close to half a million people attended Bush’s second inaugural. Washington has been bracing for somewhere in the neighborhood of 2 million for this year’s event. The number of port-a-potties alone causes the mind to reel.