The Economy

We took a $4K trip to Disney World a few years ago. We did not go into debt for it. We took a $4,500 Disney cruise in December. We did not go into debt for it.

We're taking a $7,500 cruise on Icon of the Seas next year. We are not going into debt for it. It's not that hard to save for a trip if you know you're doing it far enough out.

 

Disney saw a quarterly profit increase thanks to its streaming service becoming profitable for the first time and a couple of blockbuster movies (Deadpool).

It saw a dip in parks revenue, mainly due to high prices and people pulling back on discretionary spending. A price adjustment will likely be made if that continues.

Free market, personal choice, personal responsibility. Etc.

 

That $686 is a great deal since the 1990 total should be $953 today, according to the fed inflation calculator.

 

People inclined to put vacations on their credit cards have always existed. They just didn't get sympathetic coverage in the past.

 

I am hugely sympathetic to families facing tight budgets and rising costs in almost any area. But under no circumstances is a Disney vacation not a luxury. Your kids won’t be hopelessly scarred by hearing “no.”

 

But it's another indicator of how the Fed has completely debased on the dollar and a warning sign of the impending economic collapse (buy bullets and canned foods). Go back to the gold standard unless you hate your children!

 

We were at Disney in '79 or '80. I ordered a PB&J in Frontierland. It came on raisin bread. I took one bite and tossed it into a lake next to Mike Fink's keel boat. The sandwich cost probably $5-6 back then.
My dad was PIIIIIIIISSSSSED.

 

It's almost like decades of Republican tax policy and outsourcing manufacturing jobs crippled the American middle class!

 

I just think this article says more about the lengths parents will go to spoil their kids rather than the overall economy. See also: Travel ball, sweet sixteen parties, senior trips, dorm decorating.