I haven't gotten a good time to write this until now, despite how short this will be. Anyway, before the semester got busy, I remember browsing around some YouTube videos, and before one of them started, I saw a longer version of the television advertisement for the show "Here Comes Honey Boo Boo".
Like most people, I thought the show represented yet another new low in yet another new dimension of reality television. But then I also realized that this family is perfectly happy doing their own thing, while the TLC show executives are essentially manipulating them to gain viewers, and the family is doing this for TV only because they need the money that badly. That's worse!
So then I wondered about two economic possibilities. Given the multiplier effects present from consumption and investment in the economy, how would the growth of the US economy change if instead of spending as much money as they are on filming the antics of this family, the TLC show executives were to spend that much to help give this family and many others like it a decent education and steady jobs? Or, what would happen to the economy if instead of making a show that essentially mocks this family, TLC were to make a show specifically following this family in getting them a decent education and steady jobs? This way, when the show ends, even if the family ends up squandering all their money, they will still have steady paychecks coming in.
What do you think? Let me know in the comments below. Anyway, I'm going to get back to...uh...my own education (i.e. the never-ending stream of problem sets and other classwork).
Like most people, I thought the show represented yet another new low in yet another new dimension of reality television. But then I also realized that this family is perfectly happy doing their own thing, while the TLC show executives are essentially manipulating them to gain viewers, and the family is doing this for TV only because they need the money that badly. That's worse!
So then I wondered about two economic possibilities. Given the multiplier effects present from consumption and investment in the economy, how would the growth of the US economy change if instead of spending as much money as they are on filming the antics of this family, the TLC show executives were to spend that much to help give this family and many others like it a decent education and steady jobs? Or, what would happen to the economy if instead of making a show that essentially mocks this family, TLC were to make a show specifically following this family in getting them a decent education and steady jobs? This way, when the show ends, even if the family ends up squandering all their money, they will still have steady paychecks coming in.
What do you think? Let me know in the comments below. Anyway, I'm going to get back to...uh...my own education (i.e. the never-ending stream of problem sets and other classwork).