I found this fascinating. A few weeks ago we celebrated Mother’s Day here in the US, and when I was watching the news they reported that Americans will spend $2.5 Billion on jewelry, and another $3 Billion taking moms out to eat. And there was more money to be spent in other categories too ($Billions).
When I saw that, it kind of floored me. After all, we’re talking about $5.5B on food and entertainment in a single weekend. Which is actually more money than the 50 poorest nation’s entire annual Gross Domestic Product (GDP).
Seriously, if you head over to Google’s public data explorer you can graph out these GDPs and see just how excessive things are.
So, next time you’re whining about how crappy our economy is right now, let me remind you that you probably spent like $300 on food and a gift for Mom – and that is more money than people in Afghanistan earn in a year. So quit your whining and get back to work!