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Why New York Giants' Super Bowl Victory Is Good for the Economy - Real Time Economics - WSJ
New England may be in mourning over the outcome of Sunday's nail-biter of a Super Bowl, but all is not lost: The Giants' victory will provide a much-needed boost to the nation's economy.

Sure, there could be a small boost to consumer spending as gamblers spend their winnings from betting on the inexplicably underdog Giants. But this is bigger than that. Much, much bigger.

On Tuesday, for the first time since the "Occupy" protesters were ousted from Zuccotti Park, thousands of members of the "99%" will descend on Lower Manhattan. But this time, instead of division and conflict, the gathering will foster unity as bankers, construction workers and busboys come together to celebrate a uniquely American story: the triumph of a less-talented younger brother over his more-talented brother's more-talented arch-nemesis. A triumph that took place in a building built for the older brother, who will probably never play there again. A triumph secured when a 250-pound man accidentally scored a touchdown by falling backwards into the end zone. Heck, even Pats fans can take comfort in the fact that the Giants' parade will royally tick off Jets fans.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:29:23 PM EST
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