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> Not that yachts should be banned, but economic policy should never encourage such spending. Yachts and private jets are obvious symbols of unequal wealth, bu
by OldHand2018 6y ago
> Not that yachts should be banned, but economic policy should never encourage such spending.
Yachts and private jets are obvious symbols of unequal wealth, but they are also objects that require huge amounts of ongoing spending that goes into the pockets of middle class workers.
Making sure a yacht or jet is ready to go when and where it is wanted requires a few full-time jobs. As strange as it may sound, I don't think economic policy should discourage such spending. Perhaps just be neutral on it?