The USS Quad Damage : NSW generates $230 million from WYD

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NSW urged to learn from WYD transport success. It’s down the bottom.

So the average wage of a worker in Australia is something like 50k a year, obviously higher in the CBD. World Youth Day lasted about a weak. However the CBD was deserted thanks to traffic fears. Thus if 239,200 people at 50k a year took the week off then there’s been no net benefit to the economy? Funny how thats also around the same amount of pilgrims (200k) whom attended WYD.

Homer Simpson: Okay, boy. This is where all the hard work, sacrifice, and painful scaldings pay off.
Employee: Four pounds of grease… that comes to… sixty-three cents.
Homer Simpson: Woo-hoo!
Bart Simpson: Dad, all that bacon cost twenty-seven dollars.
Homer Simpson: Yeah, but your mom paid for that!
Bart Simpson: But doesn’t she get her money from you?
Homer Simpson: And I get my money from grease! What’s the problem?

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Sunny Kalsi said about 4 hours later:

Where did you get the 239,200 figure? Also, what makes you think this time was “for free”? Businesses are obliged to give ppl a certain amount of holidays. The only issue here is that a bunch of them possibly took those holidays at the same time. This actually results in increased efficiency, not decreased.

Michael said about 9 hours later:

50k a year average wage = ~$961 a week.

WYD was here for about a week and “made” $230mil for Sydney.

Or the same as 239,200 people working for a week in Sydney at the average wage.

Sunny Kalsi said 1 day later:

So what you’re saying is that if 240,000 odd people took a week-long holiday, the money would simply have changed hands from businesses not in the tourism / retail sector to the businesses in the tourism / retail sector.

In fact, the government would actually be doubling up, because those 240,000 odd people would go somewhere else for a holiday, spending even more money (hopefully somewhere else in NSW). So, a bunch of tourism related industries have made around $460 mil, total (assuming CBDers spent the same as “the youth” in Sydney).

Also, because people had to take holidays to compensate, it was us ordinary Australians (working in the CBD) who had to pay for it instead of the businesses themselves, because holidays are “our time” after all (not the businesses), using our hard earned money and holiday time… to go on a holiday.

The nerve!

Michael said 1 day later:

Not everyone gets holiday pay. Contractors, part time workers, casual workers, shift workers.

Fixed costs didn’t cease to exist. Loans, rent, skeletal staff, on call staff.

Shutdown companies can not process sales. Unless I guess they are some sort of catalog business and their delivery system isn’t being fully utilized.

I remember the horse racing industry last year asking for a large hand out from the government because of WYD and the shutting down of their industry at Randwick following the equine flu epidemic.

Sunny Kalsi said 2 days later:

The horse racing industry asks for handouts from everyone.

I take it that the key point of your presentation is: Christians are in my citiez, killing my productivitiez.

Michael said 2 days later:

Nope. The key point is that the government is full of bullshit.

The USS Quad Damage

Or "Dmg" as the case may be...

NSW generates $230 million from WYD

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