Money made from illegal activities to be included when calculating GDP - because drug dealing and pr

[matt.ant]

Prostitution and drug dealing provide a £10billion boost to the economy, new research revealed today.

Bizarre new European rules mean that for the first time illegal activities must be included in the official estimates of the size of the economy.

[url]http://www.dailymail.co.uk/news/article-2642728/Prostitution-drug-dealing-add-10billion-economy-bizarre-rules-mean-crime-boom-good-news-Osborne.html[/url]

[MuThing]

To be pretty fair it's just another way of making money.

[itisjuly]

How can they add unaccounted money?

[deltasquid]

Legalise, control and start taxin' that shit.

[Awesomecaek]

Well you have to account for that cash flow somehow, I am not sure if it should be openly part of GDP but if your populace spends significant amount of cash onto drugs then ignoring it would lead to inaccuracies.

[Thomo_UK]

Blaze all that weed, increase the GDP?

I'm sold.

[Tools]

[QUOTE=deltasquid;44944249]Legalise, control and start taxin' that shit.[/QUOTE]

Pff that'd require economical intelligence over soccer mom censorship.

This is the 1960's, what are you crazy?

[nouvellehalf]

Oh, huh. I thought it said £1bn at first. Still, though, is £10 all that significant compared to the total GDP?

[Tools]

[QUOTE=Arctic-Zone;44944387]Oh, huh. I thought it said £1bn at first. Still, though, is £10 all that significant compared to the total GDP?[/QUOTE]

It's the same as the UK tobacco revenue from 2008.

[url]http://www.the-tma.org.uk/tma-publications-research/facts-figures/tax-revenue-from-tobacco/[/url]