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U.S. Travel Association CEO Roger Dow on how changing the U.S.’s visa standards can boost job growth in the U.S.
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Showing that jobless claims rose by 2000.
Following three straight weeks of declined smoke while cap.
-- hill continues to debate the best way to spur hiring we got someone who says.
We great thousands of jobs by changing our tourism policies Roger Dow.
-- president and CEO of US travel association and he joins us.
Now so how do we increase jobs by changing our our -- standards.
But it's real simple David -- we've had what we call -- lost decade where the rest of the world -- increase like crazy traveling long haul.
And we've gone from 17%.
Share to 12% all because the -- Visa policy.
And what we need to do was to process more -- -- especially in areas like China India and Brazil.
And the people come here spend their money and go home it's -- -- best thing you can think of great jobs in a very easy way in the infrastructures already built.
Foreign demand to visit the United States how does it compare to.
Today in recent years simple question simply collects it would just over think the US right now why -- wanna visit us.
Well the world's -- loves America loves American products and loves American people.
They may not be wild from time to time about our policy but people separate policy in place very easily.
Just like many people go to China to see the China wall but they don't really agree with human rights policies there.
So people want to come here badly where the number one destination in the world especially in areas like Brazil and China but they can't get their -- -- and that makes it very hard.
Well -- you mentioned Brazil.
There are a lot of people out there that are worried that some of these said Visa holders who overstayed their welcome that is they.
And want to -- for for -- visit that though but they'll stay here to work in the underground economy.
Is not a concern.
-- -- right now we have one point two million people that come from Brazil.
And there's no reason to say that if that was one point eight million that those numbers or percentages would change.
I think the overriding factor is those people come and spend 5000 dollars each they want to come here.
But yet in Sao Paulo it takes a 101 days just to get your Visa interview to come dropped 5000 dollars in the US.
We need that money and we need those jobs it would create.
I -- you talking here about hiring more V6 counts as a mean could actually.
If you could -- to quantify what kind of would have taken meaningful improvement in the unemployment rate here which is obviously but nine.
It would make a very meaningful unemployment rate if we work to get back to -- 17% share.
That would mean adding another one point two million jobs between now 12020.
So it's not it's a small number we're talking here.
And when you talk about the increased number of these so consular officers each one pays for themselves they interview 121000 people a year.
They charge a 140 dollars to get a -- So each one of those these officers brings in one point seven million -- -- -- -- thousand but that is small.
Compared to the 65 million dollars the visitors each one of them interview would spend in the United States.
It's when the easiest things to increase the economy and add jobs or.
Have you have you quantify the overall figure you know about how much if you get the Brazilians in the Chinese coming in because of these different FISA stands how much more money.
With the United States get as a result of -- us.
If you look at if we could just get back to 17%.
It would be another 800 billion dollars to the US economy.
Resilient right my -- and what is stopping there may -- -- you said 800.
Billion almost a trillion dollars.
Almost a trillion dollars so we're talking about.
Raising revenue this is -- the easiest ways to raise revenue.
The hotels are here at the airports are here that shopping is here the theme parks are here.
All we have to do is get enough people to interview the folks I'm must say the state department's doing great job and increasing or decreasing the -- -- time in China.
But we saw a long way to go because there's twenty cities in China.
That have over seven million people but only five cities -- and get your Visa.
Roger Dow Roger thank you very much for -- stuff for.
