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0 points_DeadFred_20d ago0 comments

Most industries take notice when they lose 12% of a market. This is Russian style propaganda to say 'ignore this it's nothing'. We have an insane amount of policy/policy discussion around coal which only employs 40,000 people.

I live in a border state with Canada and this is having a huge impact for my community and those around us. I can't imaging it not impacting at least 40,000 Americans.

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kspacewalk220d ago

It's not 12% of the market. It's 12% of 10% of the market. As I said, a Canadian boycott will hurt some (close to the) border destinations, but will hardly register in most places. I'm personally not crossing that border because it doesn't feel safe to do so, and because of the threats to our independence, but I know for sure it won't have a noticeable nationwide impact even if we all stay away, and the French and the Germans and the Japanese do too. Noticing objective reality and economic facts is not "Russian propaganda".

Sure, if there's potential for using this situation for political gain it'll maybe make a political impact, but there will not be an economic one, not above the SNR of what else is going on.

_DeadFred_OP20d ago

Edit2: My bad if you felt attacked by me. That was my frustration with the current world presenting everything as too big to address, just give up and leave it be.

It's 12% of the international market. That is the segment. Any business is going to pay attention when they lose 12% of a market segment. Travel is 2.5% of GDP, above agriculture (0.9%), mining (1.3%), and utilities (1.5%) so a very outsize industry. Straight 10% of that (international travel) makes the rounding error market segment 20% of the size of our entire ag industry.

That is your 'rounding error' a segment that brings in 20% of the entire United States ag industry.

Tourism is also 15 million jobs so a 'rounding error' to such a large industry isn't necessarily a 'rounding error' to our population. 10% of that would be 1.5 million jobs. The entire US agriculture industry employs 812,600.

Again, the party that makes ridiculous claims for political impact is the one so concerned over 40,000 coal industry jobs but unconcerned about the fate of 1.5 million US workers because it's a small 'rounding error'.

https://www.squaremouth.com/travel-advice/us-tourism-statist... https://www.bls.gov/ooh/Farming-Fishing-and-Forestry/Agricul... https://www.trade.gov/feature-article/december-2024-internat...

Edit: My bad if you felt attacked. Everything just gets hand waived away as too big to do anything about nodays. I don't buy it. I'm a software developer. I was mentored on the montra 'how do you eat an elephant? one bite at a time'. It's the only way to create complex software solutions, and it's the only way to address our complex world. We shouldn't waive things away as rounding errors when they are part of a complex system. Especially when you consider the US Federal system. If you lose all the border states (most tourism comes from Mexico/Canada) you can easily lose control of the Federal government.

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