Fortress Amerika Begins To Pay A Heavy Price

Now that the parody of a president selected by the American people has infected the U.S. national psyche with more than its usual quotient of paranoia and xenophobia, those same people are beginning to get the message that there is a high price to be paid for their irresponsibility. And I, for one, can muster little pity for those sectors that are suffering as a result of their fellow-citizens' choice.

Many are choosing to avoid Amerika for at least the next four years, from individuals to educational institutions. And it is beginning to have a financial impact, as these statistics make clear:

-Tourists spend $108.1 million an hour in the USA.

-Tourists spend $2.1 trillion in the USA every year, half of which goes to secondary small businesses like bars, restaurants, theaters, and so on.

-All of this generates $147.9 billion in annual tax revenue at the city, state, and federal levels.

-Travel ranks as the seventh largest industry in the USA.

Granted these figures represent domestic travelers as well as international ones. If you just look at international travelers, they still supported 1.1 million jobs and $28.4 billion in wages in 2015 alone. And in a divided America, will we see less internal travel, too? Almost certainly.

And as the following report makes clear, the financial health of universities is also in jeopardy:



All of these developments must be humbling indeed for the country that has the hubris to call itself 'the greatest nation on earth."