Girl Bands Save the Economy


| 3/5/2010 12:42:55 PM


Instead of spending money on expensive bank bailouts or stimulus projects, the U.S. government should consider investing in women-led musical acts. “Broadly speaking, girl groups correlate with economic expansion, boy bands with stagnation,” Tim Cavanaugh points out in the libertarian Reason magazine. In the late 1990s, when the consumers turned from the pop-feminism of the Spice Girls to the hyper-produced pabulum of N’Sync, economists should have known a recession was coming. To turn the economic tide, Cavanaugh implores the government: “Enough with the green infrastructure stimulus. Only girl groups can save America now.”

Cavanaugh writes that even France’s economic boom of the 1960’s can be traced back to music like this:



Source: Reason (Article not yet available online)



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