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[Nuclear Unicorn]

96. "There can never be enough luxury yachts to support the economy for all."

No one sector of the economy is enough to support all. Not even food, housing, education, clothing and medicine. That's why there are different sectors of the economy. Just because ONE THING cannot support an entire economy does not devalue that ONE THING. it has value to the consumer and it has value to the producer.

Computers and the internet cannot sustain the entire world economy -- yet, here you are.

And you're making-up an argument I never made. I never suggested yachts are the end all, be all of the economy. Luxury goods -- to include all personal discretionary spending -- do add to the economy. For the people who do supply luxury goods it is a very good job for them and many times they are able to sell their skills for wages above the median. Why should they be denied that opportunity to prosper?

What's more, investing in a yacht is NOT investing in the economy for everyone. Far better to tax that wealth off the off .01 percent and use it to invest in something that does invest in the economy, like infrastructure.

To what end?

Roads don't create jobs elsewhere. Roads only have a value if there are jobs to travel to, goods to distribute, etc. (or, Heaven forfend, luxury vacations to take). Things only have value if a consumer wants them and then their value is determined by what the consumer is willing to pay.

You cannot escape that fact, either.