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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.
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??
Drugs
Drugs
Masochism and addiction
Practice escapism, touch grass, focus on the small things, take time to treat yourself, etc.
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.
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.
100% this
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
I haven't had a summer vacation since school lmao
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.
No longer? I’m almost 60 and have never been able to afford a vacation.
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!
...no longer afford?..man, the last proper vacation i took was in nineteen-ninety-mother-f*cking-eight...
When you threw Mankind off the top of the cage at Hell in the Cell?
shitty morph lives!
Americans get vacations now?
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.
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.
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.
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.
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.
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.
You can thank the republicans, corporate democrats and first-past-the-post for that.
Edit:fixed word
The solution is not to increase your income to compensate for the costs of living, but instead to lower your standards. I go off-trail camping every year and never think about the costs because it's fucking cheap. Getting away from civilization is the vacation. See you around the campfire!
EDIT - Downvoting is easy. Haters gonna hate!
TL;DR: Only 56% of Americans plan on taking a summer vacation this year.
For comparison:
So it's higher than almost any time after normalising from a record height but somehow they needed to create a negative headline?
Yup, pretty much.
Half baked survey that likely has no statistical significance...
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.
How many Americans struggle to afford to live?
mow their lawns
Look at this rich fuck, they've got a lawn!
Does it really count if you're renting though? who can afford to "own" a lawn anymore?
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.
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?
all the other regular bank holidays everyone else gets.
..."everyone else" gets six, if they're fortunate to land a salaried position: new year's day, memorial day, independence day, labor day, thanksgiving day, and christmas day; all those other unobserved holidays are a thing for the public sector and finance only...
Alright. I was thinking about bank holidays here in Sweden. They're generally off days for all workers here. You can choose to work, it's not like everything is closed. But that's a voluntary thing that your employer can't force you to do, and which is handsomely compensated on account of it being a bank holiday. So people in the hospitality sector for example generally seem to like these shifts and there's no shortage of volunteers to cover them. This is yet another area where the US system is raping US workers it seems.
American elites got a slaver culture so they would never do this:
which is handsomely compensated on account of it being a bank holiday
A practical solution that works magic to resolve the issue.
But why would a slave owner use a carrot when he can use the stick? Even if the stick doesn't work, at least it is fun ;)
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.
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.
Well this explains why I haven’t been able to afford a summer vacation
Just eat less avocado toast and stop going to Starbucks. I swear this generation can't budget at all
/s