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Americans can no longer afford a summer vacation (www.newsweek.com)
submitted 1 week ago by return2ozma@lemmy.world to c/news@lemmy.world
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[-] orcrist@lemm.ee 17 points 6 days ago

Despite negative perceptions on the state of the economy, inflation is now much lower than its June 2022 peak of 9.1 percent.

The writers are irresponsible here. They are implying that the public is unaware of inflation, that this is a perception problem. But the reality is, nobody cares about inflation. We care about the cost of living, and we know exactly how that impacts us when we look at our credit cards and bank accounts.

[-] PurplebeanZ@lemmy.world 12 points 6 days ago

Shit, I have 3 or 4 holidays every year and it still feels like I'm always working. How the hell do you cope without a single holiday??

[-] Amanduh@lemm.ee 11 points 6 days ago

Drugs

[-] CPMSP@midwest.social 6 points 6 days ago

Masochism and addiction

[-] Amanduh@lemm.ee 6 points 6 days ago

Drugs

[-] PurplebeanZ@lemmy.world 1 points 4 days ago

You can have drugs on holiday ;)

[-] Amanduh@lemm.ee 1 points 4 days ago

You can have drugs all the time

[-] Mac@mander.xyz 4 points 6 days ago

Practice escapism, touch grass, focus on the small things, take time to treat yourself, etc.

[-] werefreeatlast@lemmy.world 2 points 5 days ago

Our company forced us all to take vacation in July...a whole lot of vacation. 40hrs.

[-] AnUnusualRelic@lemmy.world 5 points 6 days ago

Americans get vacations now?

[-] Tikiporch@lemmy.world 5 points 6 days ago

I don't know why they won't suck it up and go into debt for a week of vacation like the rest of us responsible adults.

In reality, we'd rather just use our paid time off to relax, and vacations are hardly ever relaxing.

[-] Beaver@lemmy.ca 5 points 6 days ago* (last edited 6 days ago)

You can thank the republicans, corporate democrats and first-past-the-post for that.

Edit:fixed word

[-] givesomefucks@lemmy.world 134 points 1 week ago

Despite negative perceptions on the state of the economy, inflation is now much lower than its June 2022 peak of 9.1 percent.

I can never get past economic articles that miss the fundamental issue with "but inflation rates are lower!" card.

Like, the price never went down, it just started increasing faster for a while, and is now slowing down. But it's still increasing.

Like imagine if you went from 0-60 in 2 seconds in an Uber, so you say "slow down". So the driver takes 2 more seconds to go from 60-100.

The rate of acceleration slowed down, but the past acceleration doesn't just magically disappear.

[-] catloaf@lemm.ee 76 points 1 week ago

And wages aren't keeping up, either. A friend just told me they got a 1% "raise" this year. After inflation, that's a pay cut.

[-] psycho_driver@lemmy.world 16 points 1 week ago* (last edited 1 week ago)

Yeah but did you hear fast food workers make $15 bucks an hour now in at least one state? Plus people surely haven't gone through all of their COVID stimulus savings yet.

[-] FlyingSquid@lemmy.world 11 points 1 week ago

My favorite excuse for not paying fast food workers more is, "that's not supposed to be someone's permanent job, that's supposed to be a teenager's job."

Great, but we don't live in your supposed to world and it is a permanent job for a lot of people now.

Also, the idea that you shouldn't pay a teenager a decent hourly wage either is pretty offensive, but that's a whole other issue.

[-] IHeartBadCode@kbin.run 46 points 1 week ago

High inflation: I'm losing money faster.

Low inflation: I'm losing money slower.

That's how it should be read.

Despite negative perceptions on the state of the economy, people are losing money a lot slower than its June 2022 peak of losing a shit ton of money per quarter.

[-] givesomefucks@lemmy.world 14 points 1 week ago* (last edited 1 week ago)

Rather than losing money, it's technically more correct to say that we're earning less.

The real trick is converting to purchasing power of individuals and showing the trend overtime.

Like the average/median purchasing power of an American year by year. Not just purchasing power of a dollar, but of the average salary.

Edit:

Are down votes because I didn't mention savings?

Like 50% have less than $500, over a third have less than $100

This functionally isn't a problem for most so I ignored it considering the focus is on poverty and not how I flation effects the wealthiest.

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[-] myrrh@ttrpg.network 75 points 1 week ago

...no longer afford?..man, the last proper vacation i took was in nineteen-ninety-mother-f*cking-eight...

[-] WamGams@lemmy.ca 51 points 1 week ago

When you threw Mankind off the top of the cage at Hell in the Cell?

[-] LemmyKnowsBest@lemmy.world 17 points 1 week ago

shitty morph lives!

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[-] Ullallulloo@civilloquy.com 65 points 1 week ago* (last edited 1 week ago)

TL;DR: Only 56% of Americans plan on taking a summer vacation this year.

For comparison:

[-] hannesh93@feddit.org 49 points 1 week ago

So it's higher than almost any time after normalising from a record height but somehow they needed to create a negative headline?

[-] doubletwist@lemmy.world 13 points 1 week ago

Yup, pretty much.

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[-] Snapz@lemmy.world 39 points 1 week ago

And one side is working decidedly to take away this and every summer vacation of your life - while the other side backs union labor which is the reason you and I even have weekends, a workday capped at 8 hours and vacation time period.

Wake up and smell, old donny dipshit and his ghoulish handlers!

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[-] jordanlund@lemmy.world 32 points 1 week ago* (last edited 1 week ago)

Or worse, I can afford it but still can't go because my wife can't get the time off from work.

She had to get a doctors note to get 2 extra days off around the 4th to recover from surgery(!)

Surgery aside, I would have loved to have packed up this week and spent it someplace fun. My wife would have only had Thursday off. She got Wed, Thur, Fri only because her doctor told her employer to get fucked.

It's not like I can go "Sorry honey! Headed to Vegas! See you in a week!" Well... not if I wanted to STAY married.

[-] AreaSIX@lemm.ee 17 points 1 week ago

That's just an appalling situation for workers in the US. I work in the public sector and get 37 days off a year in vacation time. Admittedly, I work in the public sector and have a generous vacation deal, but it's absolutely insane that workers in the US have a worse deal than many third world nations. My 37 days are working days, meaning I get almost 8 whole weeks of vacation time, on top of all the other regular bank holidays everyone else gets. The people there often seem to cherish your second amendment, but fuck, what tyranny are you guys waiting for. How about using them weapons for something else than suicides and accidental shootings?

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[-] hannesh93@feddit.org 15 points 1 week ago

I really don't get how you guys don't properly unionize - especially with how many companies collaborate with European ones where everyone gets a minimum of 4 weeks of holiday guaranteed by law.

[-] jordanlund@lemmy.world 13 points 1 week ago

Not only that, she works for a billion dollar multi-national. I can't tell you who, but you do know who they are. They even have union representation in other areas, just not hers.

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[-] Daxtron2@startrek.website 27 points 1 week ago

I haven't had a summer vacation since school lmao

[-] SlowRoastedMadness@lemmy.world 26 points 1 week ago

No longer? Im in my early 30s and have never been able to take a vacation since I've been on my own/with my wife. Between bills and rising prices, and my job combining pto and sick time, i dont have time or money to do anything more than a day trip to someplace not that far away.

[-] sunzu@kbin.run 18 points 1 week ago

Society is overall in denial about our relationship with corpo komissars

Vast majority of People got no time or money for anything. But we can all pretend that clowns on social media and YouTube living their best lives is normal lol

[-] MIDItheKID@lemmy.world 8 points 1 week ago

I'm in my late 30's in the NYC area. What my wife and I consider a "vacation" is going to Philly and staying in a hotel with a pool, and just putzing around a different city for the weekend.

The idea of taking a week+ off from work and flying somewhere is a foreign concept to me.

There have been a couple of times that we have gone to states far away to stay with family/friends, but it's usually for like a long weekend.

[-] Amanduh@lemm.ee 2 points 6 days ago

100% this

[-] ef9357 20 points 1 week ago

No longer? I’m almost 60 and have never been able to afford a vacation.

[-] seth@lemmy.world 18 points 1 week ago

My family never could. I couldn't myself until I was around 30, single with no kids. I believe it's gotten much worse for families that are in that same socioeconomic class, especially those who have kids to raise.

[-] QuarterSwede@lemmy.world 13 points 1 week ago

I make more than the average by quite a bit and have unlimited time off, my wife works PT to get out of the house and gets paid well also with basically unlimited unpaid time off (there’s the catch). Even we aren’t taking a normal vacation for us this year (flying to see family or exotic getaway), instead staying within the state and doing cheaper things like camping.

[-] GrayBackgroundMusic@lemm.ee 10 points 1 week ago

Yep. Had to cancel ours. Made just enough money to cover some emergencies, nothing left for fun.

[-] Samvega@lemmy.blahaj.zone 8 points 1 week ago* (last edited 1 week ago)

How many Americans struggle to afford to live?

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[-] Lucidlethargy@sh.itjust.works 7 points 1 week ago

Lol "summer" vacation... Implying other vacations in other seasons.

[-] misterdoctor@lemmy.world 6 points 1 week ago

Well this explains why I haven’t been able to afford a summer vacation

[-] fluckx@lemmy.world 9 points 1 week ago

Just eat less avocado toast and stop going to Starbucks. I swear this generation can't budget at all

/s

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[-] keys@lemmy.blahaj.zone 6 points 1 week ago

Join the club america

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this post was submitted on 07 Jul 2024
358 points (93.4% liked)

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