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A Wokecession Comes for Hollywood

NOT WOKE SHOWS • Dec 06, 2023

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NOT WOKE SHOWS
A Wokecession Comes for Hollywood

Breitbart Reports: Consumer spending has been one of the key pillars supporting economic growth this year, helping the economy avoid a widely forecast recession. Even with surveys showing consumer confidence in the economy scratching along an historically low plateau and public approval of President Biden’s economic management at a never-ending ebb tide, U.S. households kept the economy afloat with their increased spending.


There are signs that the increasing wokeness of the entertainment sector may be becoming an economic drag. In nominal terms, consumer expenditures in October grew at their slowest pace since March, rising just 0.22 percent from the prior month. Adjusted for inflation, that works out to just 0.17 percent, the slowest growth since May. Consumer spending still looks not bad, up 2.2 percent in real terms. Before inflation adjustment, however, spending was up 5.3 percent, which is the smallest year-over-year nominal gain since February of 2021.


Spending on recreation services—which includes everything from going to a concert, to gym memberships, to streaming subscriptions—dropped by 0.64 percent in October compared with the previous month, the second consecutive monthly decline. This was the second weakest month of the year, after May. Compared with a year ago, real spending on recreation services is up just 1.8 percent after adjusting for inflation.


Dissident Hollywood types are starting to talk about a Wokecession for movie-going. The idea is that Hollywood’s insistence on including left-wing political themes in its films has started to weigh on ticket sales.


It might be more precisely called a Disney-Wokecession. While the latest big woke flops from Disney—Marvels and Wish—will not show up until November and December’s figures are released, the American public already seems to be tired of spending money at the box office.

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