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Wednesday, May 17, 2017

Slumps By Trump!

U.S. hotels say they've seen a wave if cancellations since Trump's first attempt to restrict certain overseas travellers and demand for U.S. flights has fallen in nearly every country since January, according to Hopper, a travel-booking app.

There has been a 40% decline in searches for U.S. flights from China and Iraq, since Trump's inauguration: a 15% drop in US. hotel bookings from Mexico, according to Marriott International: there will be 4.3 million fewer people estimated to visit the United States this year, according to Tourism Economics, this represents 7.4 billion in lost revenue.

Isn't it ridiculous that one of the greatest believers in capitalism, who has the number one job in the world looking after capitalism's interests, should be screwing up one of America's greatest industries? The fact that this is happening only goes to underline the fact that capitalism is a crazy system. 

Steve and John.

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