Thursday, January 19, 2012

Obama Disney World Speech Shuns Kennedy Space Center

ORLANDO, Fla. -- Straining under the Florida sun to read his teleprompters, President Obama gave a twelve minute speech in front of Cinderella's Castle at the Walt Disney World Magic Kingdom today.

During his speech, President Obama mentioned a long list of U.S. National Parks and attractions like the Seattle Space Needle, but seemed to purposefully leave out nearby Kennedy Space Center (no reason to highlight a non-existent manned spaceflight program.)

The main point of President Obama's speech was that his administration would accelerate Chinese and Brazilian tourist visa applications by 40% this year.

President Obama concluded his speech with saying, "Disney World and Florida are open for business" (except for those disappointed families who saved and planned for a year to go to the Magic Kingdom only for it to be closed today for their President's twelve minute speech).

This Presidential action can mostly be handled by the Obama administration without the approval of Congress.

As Brevard Times pointed out last year, Central Florida tourism may have already benefited from actions taken by the Obama administration without the approval of Congress.

When the Obama administration started sending guns to Mexico during Operation Gunwalker, the resulting violence and carnage in Mexico caused tourists to change their plans to Central Florida.

The loosening of restrictions on Chinese and Brazilian tourists reflects several dimensions of U.S. trade and monetary policy.  Briefly, U.S. trade policies have favored U.S. companies like Disney subcontracting in China where there are little environmental or labor restrictions on manufacturing as compared to the U.S.

Additionally, the monetizing of the U.S. debt and the backdoor bailouts of the banks by the Federal Reserve has weakened the U.S. dollar against foreign currencies such as the Brazilian real.  The result is the appearance of many more yellow, green, and blue tee-shirted Brazilian groups with enhanced purchasing power at Central Florida theme parks ever since the 2008 financial collapse.

So rather than addressing the underlying reasons why Chinese and Brazilian tourists are becoming relatively wealthier every day compared to Americans, Obama chooses to just make it easier for foreign tourists to visit U.S. destinations.

Probably the most historical speech ever made by a President at Disney World was Richard Nixon's 1973 'I'm not a crook' speech from the Walt Disney World Contemporary Resort (the hotel the Disney Monorail drives through).