Yep, you heard it. Even Sesame Street is impacted by the economy. 20% layoffs.
You know, we track unemployment statistics, and everyone knows these are headed in the wrong direction right now.
A lesser known statistic is "underemployment" - people who are qualified for better jobs but take jobs beneath them in tough economic times to replace lost income.
A still lesser known statistic, apparently, is "muppet unemployment" - when increasing unemployment figures begin to affect non-human characters.
The budget stats aren't good - $141 million in operating costs to make Sesame Street generates only $145 million in revenue.
Makes you wonder. I mean, they've been doing the ultimate outsourcing for years. Forget Mexico, India, Eastern Europe. These people have been using PUPPETS. No labor union costs. No benefits. Clothing and makeup budget has to be pretty low for those things. Ernie and Bert have been wearing the same clothes for years. And half the muppets don't even wear clothes! Hell, I don't even know if Oscar the grouch actually even has a full body - he's in the trash can all the time.
They haven't changed their theme song for years, and they still recycle some of the old things I used to watch as a kid.
If Sesame Street can't make it in today's economy, who can?