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To: SeekAndFind
"Americans spend $1.2 trillion annually on nonessential goods—in other words, items they do not need."

I have no idea how this figure could even be remotely calculated. Take for instance an automobile. If one has to commute to work, it is a need. If there is public transportation available is it still technically a need or does it become a want? If it is a need to get to work and a $15K Ford Fiesta would be adequate for the purpose but one opts for a $150K Porsche instead, is the $135K overage calculated as a "want", and the $15K considered the "need"?

IMHO, most of these stats are meaningless and only serve the purposes of guilting successful people and promoting class envy.

4 posted on 01/11/2019 7:17:13 AM PST by Joe 6-pack (Qui me amat, amat et canem meum.)
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To: Joe 6-pack

Yeah, “non-essential goods,” why should my consumption be limited solely to non-essential goods? I render services that someone in society has deemed valuable to earn money to allow to acquire things that I want.

And as you note, how is something deemed essential or not?


5 posted on 01/11/2019 7:22:25 AM PST by bagman
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To: Joe 6-pack

I couldn’t spend 1.2 trillion dollars in my entire life if I tried much less every year.


62 posted on 01/11/2019 2:23:18 PM PST by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith......)
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