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Monday, December 22, 2008

FromDC2Iowa: From nation's economy to Iowa City's theaters, approach should be similar

Excerpted from this post at FromDC2Iowa

What does Iowa City's Englert Theatre have in common with Detroit's General Motors? Read on. ... The Englert, an Iowa City gem that owes its current existence and condition to a combination of taxpayer and wealthy donor support, shares with virtually every other institution in America today, like the auto industry, economic hard times. It has proposed that the City provide it $50,000 a year for three years from community development funds ... just as I've argued for an economy-wide approach to our current onrushing economic depression to end all depressions -- rather than merely providing trillions for bankers and billions for auto executives -- so too do I think we need a community-wide approach to the economic challenges confronting our local theaters.

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Mike Schramm
Andy Szal

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