Sunday, January 28, 2018

Funding Sesame Street

Could anything but cruelty motivate the President's defunding of PBS, the National Endowment for the Arts, and the National Endowment for the Humanities?
Excerpt: Why does a rich guy like Big Bird need public money? Sesame Street, the flagship of PBS, generates over $118 million in annual revenue. The CEO draws a salary of around $600k a year, and the other top executives in the company are earning around $400k. And those aren’t the highest paid people in the company either - the head writer and muppet performer earned $2.2 million. These guys don’t need a dime from the public treasury. In fact, across all of PBS’s lineup, only 15% of their total budget comes from the government. The rest - about $2.9 billion in total - comes from their own revenue generating activities. Funding PBS is corporate welfare. Aren’t you guys on the left supposed to be against that?

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