I'd been hearing alot of complaining about the $50 million price tag for the inauguration. This article makes a case that it is not so bad, after all. Here two bits:
The [positive] economic effect could reach well over $100 million as visitors descend on Washington for the four-day celebration, shelling out money to hundreds of local businesses for everything from hotel rooms and limousines to souvenirs, tuxedos and ball gowns ...
Mr. Clinton's first inaugural cost $33 million in private funds, and his 1997 inaugural committee raised $23.7 million.
Clinton's first inaugural cost $45.87 million in today's money. Bush's proposed $50 million is only 9% more.
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