Tuesday, March 27, 2007

Money, money, money, MONNN-EEEEY

This week's focus revolves around money and how it can make our local economies go round and round. The following articles could be applied to anything. Sharlene Gee, one of our stellar volunteers, is to thank for coming across these gems. Enjoy.

And in related news, last Tuesday marked the first congressional hearing on federal arts funding in a dozen years. YEAH!! Took them long enough! Artists and arts advocates got to explain why the National Endowment for the Arts funding should be returned to its 1994 level of $176 million, up from this year's $124 million. Thanks to Mat for passing that on.

Written by Bernie Ward and Julie Lewis, "Plugging the Leaks - Making the most of every pound (dollar) that enters your local economy" explains in an easy to understand way how keeping your money in your community makes a huge impact. From QUADRE's perspective, this means encouraging our audience members to dine locally and forging relationships with local vendors whether it be a printer, music store, or restaurant. It also means educating our clients like schools, corporations, and performing arts venues the local economic benefit of employing a music group based in Mountain View. This same strategy applies to each community that each of the artists and board members live in - Saratoga, Foster City, Chicago, Sioux Falls, etc. To read the book, click here: Plugging the Leaks.(pp. 9, 15-16, 22)

The second book speaks to how far money can go when spent in the local economy. I'd tell you more, but the link for the text is down right now. Hopefully, by the time you read this, it will work. Go here for more information: Multiplier Effect.(pp. 12-18)

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