Re:MWC 2020 canceled over coronavirus health concerns
by paul_f on Thursday February 13, 2020 @06:37AM
(#22316921)
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.
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Re:MWC 2020 canceled over coronavirus health concerns
by alexgmcm on Thursday February 13, 2020 @11:05AM
(#22318767)
> 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.
Re:MWC 2020 canceled over coronavirus health concerns
by ghaff on Thursday February 13, 2020 @07:04AM
(#22317077)
That 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.