And every $1 million roughly equates to 8 jobs lost.
So that’s 29,000 more lost jobs.
Come to America! Get sent to fucking “alligator Alcatraz” or El Salvador for having a meme on your phone.
Oh come on. They can now sell their overpriced crap tariff free to Vietnam, which I’m sure is just filled with wealthy people desperate for an oversized SUV, rather than a bunch of towns that still haven’t recovered from a devastating war.
That’s bound to cover that shortfall, right?
The “only” country? Come on. Be real. Only developed nation probably, but I’m sure at least a couple out of Israel, Jordan, Ukraine, and Afghanistan are on the list.
More of this please.
Based on the research firm’s original projections, the U.S. economy was expected to gain $16.3 billion in revenue, according to an analysis by Forbes. Instead, the total deficit may be as high as $28.8 billion.
It’s weird IMO to count in expected gains that never realized when calculating a deficit.
Why is that weird?
If every calculation they had was pointing to that increase, backed up by historical growth rates, and suddenly this policy not only guts that increase, but reverse it into a decline, it makes sense to count that.
Stock evaluations are forward looking. Businesses operate on expected earnings, and earnings growth.
These aren’t just hopes and wishes that they make this money based on nothing. Are they guaranteed? No. Can they give a good idea of the direction things are headed from the current point barring any changes? Yes
They are not. 16,3 plus 28,8 would be 45,1
The study suggests that the U.S. economy is on track to lose $12.5 billion in international spending this year alone – but the actual shortfall might be much greater.
Tourism Economics, a division of Oxford Economics, had originally forecast a nine percent increase in foreign travel earlier this year before revising its estimate to reflect “polarizing Trump Administration policies and rhetoric.”
Based on the research firm’s original projections, the U.S. economy was expected to gain $16.3 billion in revenue, according to an analysis by Forbes. Instead, the total deficit may be as high as $28.8 billion.
Yes they did. They expected gains of 16.3 billion, but instead experienced a drop of 12.5 billion. Resulting in hypothetical losses of 28.8 billion.
Oh. Yea, then you are correct. That’s another calculation for more clickbait drama effect.
Nobody wants to visit the country thats cracking down on people visiting the country? This belongs in leopardsatemyface
adittionally its mostly to places like florida/disney, one wonder what is going on there right now, since the new stop reporting florida awhile ago, it means the situation is pretty bad down there right now. also the damage they did when desantis started enacting anti-immigration policies last year and the year before. texas? alabama? lousiania?
Over the past three months … I’ve discouraged any of my family and friends from even going near the US … even to get transit flights
Want to fly to Asia? … get a direct flight, pay extra, don’t land in the US on your way there or back
Want to go to Europe? … get a direct flight, pay extra, don’t even think of landing in the US
Want to go to the US? … forget it! … go to Asia or Europe instead!
I’m in Canada in Ontario and my cousins are in France right now enjoying a month long holiday there. They had originally planned to take cheaper flights connecting through New York from Toronto. I spent about a month hounding them to get them to rebook and avoid landing in New York. As the headlines got worse and worse in the US, they finally agreed and paid a bit extra and flew direct from Montreal instead. Even their return flight was originally supposed to be through New York but they changed that too to fly direct back to Canada.
arnt foreign certain airlines also avoiding the us right now.
If I want to go from Australia to Europe, I’m probably going through Canada or Mexico. Don’t really want to go through the UAE either, or over (self-proclaimed) Israeli airspace.
You can fly to Singapore or Thailand and avoid both middle east and Israel. However, they might use Israeli airspace if operational conditions require it.
From a safety point of view they avoid conflict zones. From an ethical point of view, shorter route is more environmentally friendly and there is no ethical consumption, really.
From Perth, there are also direct flights to Europe.
Football World Cup is going to be interesting next year.
No it won’t.
Qatar is about as awful as the United States, even worse in some aspects, and nobody gave a shit then. The sad truth is that the average football fan is just gonna watch irregardless.
Football fans will do anything to watch the cup. Don’t expect them to not turn out.
Yeah, they demonstrated that amply last time.
I suspect wealthy travelers and Trump supporters with money will just be overrepresented, but I hope the attendance is somehow better at the non-US games.
Players better not have the JD memes on their phones!
Players better not have any colour to their skin, they may get a free trip to Alligator Alcatraz.
Yeah but that might not fill the stadium. Look at the club World Cup (ok this is a bad example I know) but stadium attendance was poor.
Sadly, I’d imagine most of that is Blue states missing out. (Cali, Hawaii, NYC etc. But Florida too!)
Oh that’s not true… I bet Iran and Palestine are also losing tourism.
