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The USA is either a laughing stock or a giggling, insane Freddy Kruger-esqe slasher movie villain to the rest of the world. Earning back any respect will take decades at least.
The mask is fully off and the government is now openly supporting rape and trafficking.
Source?
Weren't tariffs predicted to crash our economy? Weren't egg prices predicted to stay high? Weren't stocks predicted to sell-off?
Anyway, I am no fortune teller., but what I can tell you is that Trump ain't going to be president forever, since The Reaper comes for all, Secret Service protection or not, and the political climate will eventually calm down in any case. Tariffs aren't anything new. Neither is the U.S.A. wanting to annex Canada or Greenland. Granted, in the past the world didn't have the internet for everybody and their mother to be alerted of these things but even we as people won't live forever to hold resentment, so it's largely going to be a matter of the younger generations forgetting the beefs of the older ones. This result is largely invariable. I mean it hasn't been so extremely long since the World Wars and the world has basically forgiven Germany, and if the world can basically forget about the Hundred Years' War, then it's only a matter of time before any damage whatsoever is smoothed over. The only question is on what time scale will everything be forgotten?
Some of these trade deals Trump is making include investments that are bigger commitments to invest in the U.S.A. than $29 bil. regardless.
Through tariffs alone (that is to say, without even considering the boon provided to the internal economy by the opening of new factories and the employment of american citizens instead of delocalising production in China or some such), the US Government has raised $124.7 billions as of July 25.
And that means that even the government were to compensate the entirety of the tourism industry for the loss of $29 billions, they would still be making a net positive of close to $100 billions.
That being said, the loss to tourism comes more as a consequence of the constant fearmongering of the Left, who's deadset on painting Trump as an evil dictator and the USA as some sort of modern-day Nazi Germany which people should keep well away from.
But of course, Trump bad is more catchy, right?
From the article:
"From the anticipated $16.3 billion increase in revenue to a loss of between $8.3 billion (Tourism Economics estimate) and $12.5 billion (WTTC estimate), the U.S. is facing a shortfall of $25 billion to $29 billion this year."
HAHA!
They use projected numbers for both the anticipated growth and expected shortfall.
And then blames everything on Trump. Sounds about right.
Let's wait for the actual numbers.
So makes sense I guess? 🤷♀️
Idk if you americans have strict rules on parties and that stuff, maybe that can explain it too?
Here in 🇪🇦 it would be weird to not see people just coming here for party all night 🤔
I sometimes do not understand tourism, here in 🇪🇦 you have like very nice cities everywhere but for some reason the spanish capital is one of the the most visited cities even though they do not really have anything interesting to offer to tourists but maybe I am the weird here...
Ah yes, the problem for the tourism industry is not the people crying out that the USA are a theocratic dictatorship, imprisoning people without trial, enslaving women and killing minorities.
Nope, it is people saying that the economics experts were wrong in their predictions.
Thanks for clearing that up for me.
Also, sorry you got mugged and shot.
It goes beyond that.
The article uses a growth rate projection for 2025 as gospel. Actual results can vary wildly depending on the changing factors over time - like economic factors.
Then Arvaos uses the worst estimate between two different tourism sources to arrive at the worst possible scenario - $29 billion.
That's like saying the stock market is down from a projected 20% gain this year.
Then Arvaos uses that highly improbable worst case scenario and tells us WHY it's happening.
Typical.