Want the Economy to Improve? Root for the Yankees!

by SixFigureStart | November 04, 2009

  • My Vault
Phillies fans should look away now: the New York Yankees winning the World Series is "good for America" and the American economy--at least according to this light-hearted bit of analysis by the folks at the Wall Street Journal.

The executive summary: average GDP growth in the years following a Yankees World Series win comes in at 5 percent, compared to just 2.5 percent following a Phillies win. Worse, for those of a Pennsylvanian persuasion, is that GDP historically grows around 5 percent after a Phillies World Series loss. Want further evidence? Look at the state of the economy today. Now tell me which team is the reigning World Series champion. Need I say more?

Of course, there is always the point--raised towards the end of the video--that there are just so many more Yankees wins to take into account that the stats are skewed. While that may be true, do we really want to take that chance? Come on Phillies: you know what to do. Send Pedro Martinez out to pitch left-handed tonight, and instruct Chase Utley to bunt. After all, what's a World Series title when your country's depending on you?

--Posted by Phil Stott, Vault.com

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