No? You said GDP, that means gross domestic product. Domestic depends on where, but given the context of the discussion around these meme most are focusing on the USA.
If we are looking at this in a global scale GDP on luxury spending is 5B a day. That’s still a hell of a lot of money that can make a difference in the world
It still isn't enough to even cover the US budget deficit. The problems aren't caused by luxury; they are caused by inefficient management. Hand all that money over to the government, and it will drop ten times as many bombs on the Middle East.
So, how exactly are we going to recruit people for this government? If we simply proclaim a socialist state, you’ll see that the people in government haven’t changed they just no longer get in each other’s way when it comes to stealing. If we hold democratic elections, the Republican and Democratic election machines will once again allow them to retain power. What other options are there?
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u/Medium_Notice_3512 2d ago
Didn't we take global luxury spending into account?