BigBooper: And then there's the matter of security. That thing is like a huge floating target.
puffy999: If I have that kind of money, I'm buying a used cruise ship, sailing around the world, and picking up chicks at every port.
Don't Troll Me Bro!: I have no problem with super-rich people buying expensive toys. Would you rather they buy a yacht, or buy a bunch of Senators?
Fissile: True, and once the ship is built, then what? It is a white elephant that does nothing except make money evaporate. Not every dollar spent has the same overall effect on the economy. It's call the multiplier effect, and apparently you've never heard of it because you've never studied economics......no reading Freakonomics doesn't qualify as studying economics. Instead of a super luxury yacht what if this money had been spent on some long term capital improvement project that would have produced jobs for decades to come? No, spending on pure consumption doesn't have the same effect.
starlost: i somehow got connected with a wealthy guy for a short period of time and one day i was at a marina with him and a luxury yacht salesman. the salesman[excuse me broker] was showing us the biggest boat they had. it had a device on the deck that raised from the floor a golf ball on a tee. you would hit the ball and the tee would sink and then load another ball and raise up again. when it wasn't being used the deck was perfect to walk on. even when used the only thing above deck was the tee and the tiny hole the tee/ball raised and lower through.anyway, i said something like isn't it polluting to be hitting balls into the water and why not have half a tee sitting on a disk to use as the golf tee and put the ball on the tee yourself and hit into a net to save the balls. they looked at me like i lost my way out of the turnip patch, my pants were on backwards, and i stepped in pig crap in my bare feet and didn't know it.
beefoe: Sylvia_Bandersnatch: I'd rather they buy food, clothes, and medicine for the poor. But it's not for me to judge.Yes, because that $600 million spent at the shipyard magically evaporates once it is spent and doesn't go toward steel, aluminum, wood, electronics, engines, stone, paint, etc. And the companies that make those items just have them magically appear and don't hire and pay anyone to help create those things.
Sylvia_Bandersnatch: I'd rather they buy food, clothes, and medicine for the poor. But it's not for me to judge.
Maturin: Betep: pft!Farquin' stink-pot!Sails, Mate, sails!Aye
weave: The old line about them creating jobs gets tiring though, because it implies that when poor people spend money on boring shiat like food and shelter, somehow that isn't creating jobs.Jobs are created when people spend money, and it doesn't matter who that money comes from. If the poor and middle class don't have money, they aren't creating demand for goods and there are less jobs around.The economic engine is cyclical. Money has to trickle up as well as down.
MAYORBOB: That's not a yacht. That's a floating peener!Boats = holes in the water you throw money into.
propasaurus: Jump you f*ckers
WhyteRaven74: Quite likely Prince al-Waleed's newest boat. And despite what TFA says there are lots of places that can handle the boat.
propasaurus: ...but enough about your mom.
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