Arts Funding Cuts Hurt Economy

Americans for the Arts president Robert Lynch wonders why governments are cutting arts funding just when it’s been shown that investment in the arts helps the economy. “When governments reduce their support for the arts, they are not cutting frills. They are undercutting a nonprofit industry that is a cornerstone of tourism, economic development and the revitalization of many downtowns. When governments increase their support for the arts, they are generating tax revenues, jobs and the creative energies that underlie much of what makes America so extraordinary. Every time our governments, at any level, talk about reducing support for the arts, Americans should demand to know: Who will make up for the lost economic activity? Who will provide the 8-to-1 return on investment that the arts provide in the form of federal, state and local tax revenues? Who will replace the jobs that the arts support?”