this post was submitted on 01 May 2025
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[–] sxan@midwest.social 0 points 1 year ago (3 children)

People in the leisure industry in the US are going to do well. With the low value of the dollar, more people are going to choose to vacation in the US, and it makes vacationing in the US more attractive to foreigners. If they choose to ignore their government's travel advisories about the US, that is.

Given that Trump is in the leisure industry, this is no surprise. In down markets, staycations (or, vacationing within the country) always go up. It may be the one industry that sees an uptick in business.

[–] HenriVolney@sh.itjust.works 0 points 1 year ago (1 children)

Maybe you should put your pink glasses aside?

[–] sxan@midwest.social 0 points 1 year ago

Hey, the challenge was to find silver linings. It's not like I think they were a good idea.

[–] nokturne213@sopuli.xyz 0 points 1 year ago (2 children)

more people are going to choose to vacation in the US, and it makes vacationing in the US more attractive to foreigners

Come to the US and stay in one of our luxury ICE detention centers, and then get an all expenses paid vacation to Cuba or El Salvador!

[–] sxan@midwest.social 0 points 1 year ago

Yeah, that's whyfor the travel advisories.

Past recessions when the dollar's dropped against the Euro, the domestic leisure industry has benefited. I honestly don't know how much the whole hostile-to-foreign-nationals aspect of the current administration is going to affect that pattern. Probably at least some, but I suspect most white Europeans will ignore it. A weak dollar makes a US vacation cheaper, and that's an emotional decision.

As evidence, I present the Nationalistic trends in EU countries, Brexit, and British vacationers. They're not immune to believing what they want to believe.

[–] Coreidan@lemmy.world 0 points 1 year ago* (last edited 1 year ago)

Pass me some of what you’re smoking

The supply chain is about to get demolished and tens/hundreds of millions of people are going to lose their jobs without one to replace it. On top of that things are going to explode in price due to inflation and tariffs.

Yet you think people are going to ramp up their vacations. lol.