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Economy in meltdown? Not on your life.

nemesisenforcernemesisenforcer Member Posts: 10,513 ✭✭✭
edited November 2008 in General Discussion
So I went to see AC/DC the other night in concert (great show, in case you were wondering.) While I was sitting there, about halfway through Angus's 20 minute solo on Let There Be Rock, it occured to me that there is no way in hell that the American economy is in any kind of real trouble.

I paid $105 a ticket for 3 tickets day of show. The show was sold out (the venue holds roughly 40,000 people.) At an average of $100/ticket X 40,000 people, that means 4 MILLION dollars was spent just on tickets. Never mind parking, concessions, t-shirts, etc. The band had an enormous full-scale model of a train engine for their set (for the Rock and Roll Train tour) that had to cost them tens of thousands of dollars, if not more. During Whole Lotta Rosie, a giant 40 foot tall blow up doll was inflated for the song. Judging by how much humans-sized dolls cost, this little prop was not cheap either. The amount of energy consumed for the show was probably enough to power Guatemala City for a week. People were spending $8 on drinks and $15 on novelty light-up devil's horns. Their were 10 or so semis parked out front that were clearly for the rigging and equipment used on the tour. Drivers have to be paid, fuel has to be bought, roadies and set-up people employed, etc.

My grandmother was born in 1921 and the Great Depression was her formative life event. Her stories of deprivation and even hunger are awe-inspiring to listen to. I can assure you that people were not spending money on such superfluous entertainment in 1932. But we are in 2008. If this is the sign of an economy in crisis, we need more crises.

Comments

  • NwcidNwcid Member Posts: 10,674
    edited November -1
    While I agree with you to some point I can not all the way.

    In our grandparents day they took care of themselves. Now days people expect the gov to take care of everything they dont want to pay for so they can still buy "toys" (including fun stuff). For many people toys will be the last to go.

    What was the post a couple days ago that the guy was talking about how broke he was and didnt know how he was going to make it. Then went on to say how he had just paid $5000 for a dog surgery........
  • CaptplaidCaptplaid Member Posts: 20,298 ✭✭✭
    edited November -1
    I am suspecting this economic stimulus package we are about to spend is the greats boondoggle in the history of the world. The economy is slammed now, so the messiah looks even greater when we roar forward next summer. It is a sham and we will be paying for it forever, if it doesn't bankrupt the nation.

    Lets put it another way. If this is a world economic bubble bursting, how is spending trillions on infrastructure going to help the world financials? Where are we going to have the money for socialized healthcare and additional social security fixes? The messiah is spending everything we don't have before he is even in office.

    What next? I'll tell you what's next. Raise our taxes!

    Boondoggle!
  • ljwrenchljwrench Member Posts: 5,053
    edited November -1
    Last depression, people stood in line to buy apples.

    This depression, people are standing in line to buy Apple iphones.
  • ruger270manruger270man Member Posts: 9,361 ✭✭
    edited November -1
    Yes, an AC/DC concert is an accurate microcosm of the macro economy.

    [8)]


    By the way, how was the concert? I love AC/DC. Are they still up to par?
  • mrseatlemrseatle Member Posts: 15,467 ✭✭✭
    edited November -1
    Bread and Circus'

    chariot3.jpeg
  • voodoofire1voodoofire1 Member Posts: 16 ✭✭
    edited November -1
    WoW.. $105 a ticket......Last time I saw AC/DC they were $18.50 and gray hair and wrinkles were still a long way off.
  • MossbergboogieMossbergboogie Member Posts: 12,211
    edited November -1
    I have not been alive long enough to know what it was like in the past. However I know my history. We certainly are not in anything that was the 1930's yet. I hadnt heard if it was a reccession yet. I think a lot of mismanagement and a governing power out stepping its self has a lot to do with slow down.
  • n/an/a Member Posts: 168,427
    edited November -1
    quote:Originally posted by mrseatle
    Bread and Circus'

    chariot3.jpeg


    Yep.
  • skyfishskyfish Member Posts: 1,068 ✭✭✭✭
    edited November -1
    6% unemployment, most countries only can dream about that, we call it horrible.
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