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>In 2024 if passenger aviation went down by 25% in the United States the GDP would improve by a statistically noticeable amount. How does that make any sense?
by ramesh31 3y ago
>In 2024 if passenger aviation went down by 25% in the United States the GDP would improve by a statistically noticeable amount.
How does that make any sense? You propose to generate more economic activity by... reducing the amount of economic activity occuring?
- bluGill 3y agoA lot of what people fly for could be done as a phone call, or so many claim. That would return the cost of the trip to something else.
- throwaway167 3y agoIncome's circular. Airline related employees etc would have less. While others get the substitution. But where's the net increase?
- bluGill 3y agoThose employees would need to get a new, more productive job
- tonyedgecombe 3y agoServices get cheaper so we consume more of them. See Jevon's paradox.