Porno Industry Begs for It

by Dollars and Sense

Well, at least two of its luminaries are doing that, tongue in cheek (no pun intended),according to a report from Vienna's Die Presse (in German). Larry Flynt of Hustler and Joe Francis of the firm "Girls Go Wild" want Congress to provide the industry with a cool $5 billion. In an interview with CNN, Flynt promises a kind of hedonic multiplier effect in return, something even many academic economists who enthuse about 'happiness economics' have been so far reluctant to endorse in the present crisis: "It is time for Congress to reinvigorate America's sexual appetite, and the only way to do that is by supporting the pornography industry: and there's no time to lose!" Gives a whole new meaning to the phrase "stimulus package."

Labels: bailout, die Presse, financial crisis, Joe Francis, Larry Flynt, publishing industry

 

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1/08/2009 07:55:00 PM