It’s bad enough that FIFA plans to charge up to $700 for the $21 tickets that United States officials said would be offered when they bid for he World Cup. Of course, they didn’t know then that they would have to invent a FIFA Peace Prize for the sad Donald Trump, who already glommed the gold trophy when it was brought to the Oval Office to be shown him. “I’m keeping it,” he muttered, because it was gold.
But another part of the gig was that the World Cup for soccer, a sport for people who find baseball too fast paced, would bring in a bunch of touristas, as would the Los Angeles summer Olympics. That would be atop the normal tourists that come to visit the United States in the usual course. They fill hotel rooms, dine at restaurants and buy tchotchkes. They provide jobs and revenue. Unlike tariffs, tourists are a huge boon for the economy. Continue reading

