Friday, May 20, 2011

What Recession? Miami Tourism Soars in 2010

MIAMI (CBS4) – "In a down economy, tourism in Miami-Dade County bucked the odds in 2010 setting records in every area, according to figures released by the Greater Miami Convention and visitors Bureau.If 2010 was a good year, 2011 promises to be even better, according to the bureau. Figures for the first quarter show hotel occupancy up more than 11 percent over the same period last year."

7 Comments:

At 5/21/2011 12:34 AM, Blogger W.C. Varones said...

Murdering the dollar is great for tourism.

 
At 5/21/2011 7:36 AM, Blogger Bernie Ecch said...

Baseball attendance is down for the third year in a row. The NASCAR spring race at Bristol TN drew about
80,000 people. The 170,000 capacity stadium had 48 straight sellouts for its two races a year until last year. If you want to use tourism to say their is no recession, then I'll use sports to show there is.

 
At 5/21/2011 9:13 AM, Blogger juandos said...

I'm sure that mass murder in Mexico is helping the Florida tourist trade also...

 
At 5/21/2011 11:13 AM, Blogger James said...

The recession that is causing among other problems:

Chemistry majors to take jobs tending bar.

Only half of the jobs landed by new college graduates require a college degree.

The median starting salary for students graduating from four-year colleges in 2009 and 2010 to be $27,000, down from $30,000 for those who entered the work force in 2006 to 2008.

Many college graduates to move back in with their parents.


The jobs their parents got when they were new college graduates have been outsourced.

Another sacrifice to the Great God Free Trade

 
At 5/21/2011 7:08 PM, Blogger VangelV said...

What recession?

One in two households have someone who receives government transfers. One in seven Americans are on food stamps. Food, energy, insurance, tuition, health care costs and taxes are going up. That recession.

 
At 5/21/2011 9:41 PM, Blogger Benjamin said...

Time for QE3. Markets, from equities, to real estate, to commodities, are going poof.

Inflation is deader than bin Laden.

You cannot have inflation with declining unit labor costs and declining commercial rents. That's 60-70 percent of business costs right there.

Bernanke needs to get aggressive.

 
At 5/22/2011 9:10 AM, Blogger VangelV said...

Time for QE3. Markets, from equities, to real estate, to commodities, are going poof.

It must be time for panic. Silver is only up 98% since this time last year and gold is only up by 28%. And the last time the HUI was this low was March. And those poor oil producers; how can they make a decent living at a price of $100 a barrel? Expect those Saudi princes to sell their London real estate and buying cheap Piero Guidi purses for their wives instead of the usual high end LV.

Inflation is deader than bin Laden.

So why are you calling for more of it?

You cannot have inflation with declining unit labor costs and declining commercial rents.

Sure you can. See Yugoslavia, China, Hungary, Germany, Austria, Zimbabwe, Mexico and all other previous bouts of inflation.

Bernanke needs to get aggressive.

He does need to get moving. I have a few cruises that will need financing.

 

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