NO BEIN HAZEMANIM? Americans Say They Can’t Afford A Vacation

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Americans, crippled by debt and seeing signs of a slowing economy, are sitting out on pricey vacations and everyday leisure activities.

A new Bankrate survey found 42 percent of Americans decided not to take a vacation over the past year because of the cost. Nearly a third said they can afford a vacation less now than they could have five years ago, though 26 percent said they can afford to do so more now. More than two-thirds of U.S. adults opted out of a recreational activity due to the cost at some point in the past year, the study found.

You can’t blame them. Trade tensions have economists projecting the likelihood of a recession in the next 12 months at 35 percent.  U.S. student debt is over $1.5 trillion. Almost 40 percent of Americans think the economy is “not so good” or “poor.”

(c) Bloomberg News

{Matzav.com}

3 COMMENTS

  1. “Americans, crippled by debt and seeing signs of a slowing economy”?
    Americans in Venezuela, maybe. Or in NYC. But elsewhere the US economy is doing pretty well. But, look at the source of this item. Bloomberg hates President Trump, and will slant the [Fake] news to disparage our POTUS at every opportunity.

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