3 ms·
Do you understand how economics works? When money from outside your city is spent in your city, that is a huge net benefit to everyone.
by paul_f 7y ago
Do you understand how economics works? When money from outside your city is spent in your city, that is a huge net benefit to everyone.
- ghaff 7y agoThat money doesn't come for free. It's perfectly rational for people who don't directly benefit from a lot of visitors--but are inconvenienced by them--to wish to forgo both the visitors and the money they spend/taxes they bring in.
- alexgmcm 7y ago> that is a huge net benefit to everyone. This isn't necessarily true though. Honestly, the MWC doesn't bother me that much - yeah the metro always goes on strike but that's a problem with the metro unions and the Ayuntamiento not the MWC in my opinion. But take the case of the cruise ships which do irritate me - every citizen gets to suffer worse air quality so a few can enrich themselves on the tourist money. I understand that in theory that money might 'trickle down' to the citizenry at large, but it is far from obvious that this actually occurs sufficiently to compensate the downsides.