How Britain Calculates Its Hooker “GDP Boost”: 60,879 Prostitutes x 25 Clients Per Week x £67.16 Per Visit…(Desperation!)!

Friday, May 30, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/29/2014

First it was Italy which, as we reported last week, had decided to “boost” its GDP by adding the estimated impact of cocaine and hookers. And now, riding on the coattails of this economics gimmick designed solely to make the economy appear more solvent, it is Britain’s turn, whose Office for National Statistics will also add add up the “contribution” made by prostitutes and drug dealers. According to the Guardian “for the first time official statisticians are measuring the value to the UK economy of sex work and drug dealing – and they have discovered these unsavoury hidden-economy trades make roughly the same contribution as farming – and only slightly less than book and newspaper publishers added together.”

The Rest…HERE

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