Some comments by a banker to an economist.
“A cyclist is a disaster for the country’s economy”.
- He or she doesn’t buy cars, nor borrow money for this purchase.
- Doesn’t pay insurance policies.
- Doesn’t buy fuel.
- Doesn’t pay to have the car serviced, or repaired.
- Doesn’t pay for parking in public areas.
- Doesn’t cause any major accidents, so no vehicle repair costs incurred.
- There is no need for the billions of dollars spent on highways, roads and the automobile industry.
- He or she is not getting obese, so the associated health problems and costs are not a significant factor to the economy.
- Active, healthy people are not necessary or useful to the economy indirectly with regards to their spending habits.
- They are not purchasing medicine to the degree that inactive people are.
- They don’t require hospitals, doctors and other health facilities and expertise to the same degree that inactive people do.
- They indirectly add little to nothing to the country’s GDP, aside from the costs of their basic needs, and their profession.
In contrast to this:
- Each new McDonald’s store creates at least 30 jobs—actually.
- 10 cardiologists, 10 dentists, 10 dieticians and nutritionists—obviously as well as the people who work in the store itself.