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by materialpoint 70 days ago
"For the first decade of his career, he lived in an apartment and worried about paying for vacations. Then, in his early 30s (...)" ... here is America, without paid vacation guaranteed by law since the government does not truly care about the middle or working class. It's amazing how serious media can write articles about economy, while the blatant obvious deficits slip right by their nose..
4 comments

Mandating by law paid vacations, laid parental leave, etc... doesn't make those things materialize out of thin air.

Every company accounts for those things and takes a bite off the paychecks of their employees to cover those expenses.

In america a lot of companies offer those without being mandated and those that don't have to offer higher salaries to stay competitive. End result is that employees that want can user those higher salaries to pay for the vacations or take some time off. And those that don't get to keep the extra money, of course.

While I agree with your sentiment, the article seems to be referring to being able to afford vacation trips, not that vacations are unpaid.
Reminds me of when all the Silicon Valley freaks decided to suddenly care about the fertility crisis, but also would turn around and pronounce how young professionals need to be 996 slaves to survive their brave new world.
The blatant obvious deficits are where the money is made. The articles are written to help you focus either on pie in the sky or on meaningless stock jitters.