Boycott US

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Overview:

The community dedicated to boycotting the US until they stop fascism, restore full democracy and start following international law.

Americans have a moral obligation to resist Donald Trump and project 2025 at every turn.

America is a flawed democracy currently being ruled by oligarchs. Stop the backslide! Dont let America become the next Hungary.

America needs to challenge the court rulings of citizens united v. fec and shelby county v. holder, protect the media, implement independent district drawing, and the single transferable vote so they don't end up having people stay home in life-changing elections because they cannot vote for their favourite candidate.

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founded 4 months ago

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Sunshine@lemmy.ca

Sunshine@piefed.ca

261

US is the only country facing tourism decline as Trump policies to cost $29 billion in visitor revenue: study (www.independent.co.uk)

submitted 5 days ago by Sunshine@lemmy.ca to c/boycottus@lemmy.ca

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[–] rbn@sopuli.xyz 5 points 4 days ago (2 children)

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.

[–] Bronzebeard@lemmy.zip 2 points 4 days ago

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

[–] SunshineJogger@feddit.org 2 points 4 days ago (1 children)

They are not. 16,3 plus 28,8 would be 45,1

[–] rbn@sopuli.xyz 3 points 4 days ago* (last edited 4 days ago) (1 children)

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.

[–] SunshineJogger@feddit.org 3 points 4 days ago

Oh. Yea, then you are correct. That's another calculation for more clickbait drama effect.