A new article in the Memphis Business Journal focuses on the potential local affects of cutting the National Endowment for the Arts. The article, by Mary Cashiola, points out the extraordinary cost-benefit calculus behind federal investments in the arts:
For every dollar that the National Endowment for the Arts (NEA) spends in local communities, another $9 in additional public or private funding follows. ... In Tennessee alone, there are more than 48,000 arts-related jobs, accord...
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