Nonny Mouse Goes Down Under

The travel and tourist industry is one of the United States’ biggest money-makers, generating $103 billion in tax revenue every year. Without this tax revenue, every American household would pay nearly $1,000 more in taxes every a year. But while the travel business is flourishing internationally, tourism to America has been on a steep decline, dropping 36 percent between 1992 and 2005, with a loss of $43 billion in 2005 alone. The nation’s international tourism balance of trade declined more than 70 percent over the past 10 years - from $26.3 billion in 1996 to $7.4 billion in 2005.

People are simply choosing to go elsewhere. But as a follow-on to Logan Murphy’s excellent post on the increasing invasion of privacy by the soon-to-be approved Passenger Name Record for passengers entering international airports, allow me to present a personal view into why tourists are deciding not to spend their money visiting the States. More..