Vaibhav

Do you want both sides? or just the bad? I'll go with both simply because I believe that if you know what you are up against you will do better in a debate, that and I tend toward being long winded. So economically speaking how is hollywood good? Movies, people go to the movies, they spend money to see the movie, this requires people which means people have jobs which means that when people go see the movie people are making money which can later be spent and so on. Not to mention the jobs that are created from the production itself, not just actors either the set designers, props, cameras, someone has to make these items, thus creating more jobs.
HollyWood bad? This is a bit harder, Economically speaking atleast, I will say that money and power corrupts, look at Paris Hilton or Sylvester Stalone, Both recently got into trouble and will probably only have to pay a fine, where one might say this is a good thing because money is once again changing hands I consider it bad, not just for the obvious cultural problems, but because that money could go to many people rather than just the goverment, with this I will also say that since these stars have more money they tend to spend their money at higher end places where things are more expensive and thus the rich get richer. Of course as far as bad for economics what about the raising ticket prices? I mean seriously, 8.00 to go see a movie? atleast here, Why bother? I can rent the movie in a month for way less in a few months, with as quick as some of these movies are turned into DVD's the wait is worth the money saved if you aren't dying to see the movie, Heck you can buy the movie for less than it cost for you to take your 2 children (based on average family size not on you). So there again less money is changing hands because the higher the prices go the less someone wants to go see it. Bear in mind that the economical influence is going to be seen a lot more in the mioddle to lower classes than in the highly paid