Holey Holey Holey: The Problem with a New Study Valuing Religion at $1.2 Trillion Per Year
…thod is “hard to defend.” Let’s focus for a minute, though, on that $1.2 trillion number. (Actually, $1.16 trillion, but hey, what’s a difference of $40 billion, really?). Here’s the most important thing to realize: according to the Grims, Walmart accounts for one-quarter of the nation’s religious GDP. Of that $1.16 trillion estimate, $422 billion comes from a list of “religion-based companies,” $279 billion of which comes solely from Walmart. The…
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