May
04

Costly Crown Celebration

Economists, those killjoys, are busy adding up the cost of the UK royal wedding, and all associated matrimonial festivities. At one end an economist thinks it will knock 1.5% or $15 billion off UK GDP as that equals one day’s work. Another says it will cost just 0.2% or $2 billion or 1/5th of a day of work. One bozo estimates it at $50 billion but added 3 other holidays that occur yearly and that’s ecocheating!

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