BARACK OBAMA’S INAUGURATION: FOURTEEN TIMES BIGGER THAN THE SUPER BOWL
The build up begins today for Super Bowl XLIII. In the coming week, you’ll hear and read lots of stories about the economic impact the game will have on the city of Tampa.There’s no doubt the financial benefit a Super Bowl has on a community can be huge. However, in an appearance on CNN Sunday, writer Rick Horrow said the economic impact of this month’s presidential inauguration was even bigger for Washington D.C.
In fact, according to Horrow, the economic benefit for Washington was FOURTEEN TIMES bigger than a Super Bowl. Horrow has been making the rounds on the television talk shows and has an article in Business Week. He says the two million out-of-towners who came to Washington D.C. for the inauguration rented far more hotels and spent far more money in bars and restaurants than the typical Super Bowl crowd.
While companies like Playboy are cancelling their Super Bowl parties in these tough economic times, the January 20th inauguration featured no less than 900 parties, galas and balls in just the D.C. area. Adding to the Super Bowl atmosphere, Kanye West, Jay Z, Beyonce, Mary J. Blige, Rihanna, Cheryl Crow, Aretha Franklin, The Beastie Boys, Yo-Yo Ma, and Itzhak Perlman were just a few of the performers at this year’s presidential inauguration.