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Is the Writer’s Strike to Blame for the Economy?

The Writer’s Guild of America has been on strike for about two months now. Could they be to blame for the country’s economic woes?

  • Most of the major network shows have shut down production or are about to.
  • Many of the writers probably couldn’t afford to strike, and therefore can’t stimulate the economy when they’re not being paid. Some of them could possibly be foreclosing on homes.
  • Writers may be going after different types of writing gigs (copywriting, ghostwriting, etc), creating increased competition for existing writers in those fields.
  • Many behinds the scenes workers are hit hard, including carpenters, grips, gaffers, production managers and the like - again possible foreclosing on homes and not having dollars to spend (aka not contributing to the economy)
  • Without new episodes of favorite TV shows, fewer Americans are watching TV - including commercials which might result inĀ  sales.
  • With lower viewer numbers, the networks can’t bring in as much advertising dollars.
  • Production companies and studios can only work with existing scripts, which means they cannot generate as much investment money
  • According to FilmLA, the strike costs the LA economy $21 million a day.

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