Comment by dumbledoren
1 day ago
> Japan's economy is in trouble, and the tourist money helps and hurts at the same time. It creates tax revenue, yet inflates prices for locals
I lived in a successful major tourist region from its inception to maturity. You are incorrect in saying that it creates tax revenue: The Tourism sector generally gets tax breaks and subsidies, so it ends up eating up tax revenue to enrich whatever oligarchic structure or family dominates the landscape. Moreover, in any mild temporary crisi,s it risks collapsing and forces the government to bail it out by spending enormous amounts of money.
Tourism is like a tick that sucks away the productive forces and resources of a country - it diverts both budget (tax breaks, subsidies) and educated manpower away from actual goods and services production, provides sh*t jobs to those employed in tourism, causes inflation and CoL rise across regions and even the entire country. If you want to cripple a country's industrial and technological power, the best thing to do is to push tourism on it.
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