What’s happening at Disney is just a minor parallel to what’s happening everywhere in the world in all sectors. Capitalism is reaching the unsustainable stage, where year over year growth cannot be accomplished without either charging ridiculously more or lowering quality, or in many instances, both. People pay more and get less for everything they eat, drink, touch, wear, drive- you name it, it’s worse and more expensive than ever.
That alone isn’t a new development, but the economy isn’t doing well for the bottom 90%. New millionaires and billionaires are being printed daily, but that money is coming from the bottom 90% who are finding they are worse off than their parents, and most of their grandparents were as well, despite having a “higher education” and a white collar job.
Why is Disney seemingly still busy? Well, the top 10% are doing so well, they can take 3 trips a year now. They buy every add on that lets them skip lines, sit in good places for fireworks, and have a party at the TOTWL. This is what Disney wanted, to focus on them and not the AP holders. They promised us higher prices would result in allowing them to lower attendance and keep their bottom line upwards. Instead they now act like they have no control over attendance- we tried to price them out and they still came, not our fault.
I used to think Disney was going to suffer in the long run, but they have all the data and are much smarter than I am. They know they can survive off just the 10%- if the rest of us want to go it’s just icing on the cake. If not, they truly, seriously do not care how many people we tell negative things to, we are of no consequence anymore.
As someone with many in family in the trades, many contractors recently started modeling their entire business around the wealthy- they won’t even consider you as a client. The wealth gap is going to eat this world alive, it has in the past and it will in the future. It’s showing its ugly head in discretionary spending first, because that’s the part most people can live without.
That alone isn’t a new development, but the economy isn’t doing well for the bottom 90%. New millionaires and billionaires are being printed daily, but that money is coming from the bottom 90% who are finding they are worse off than their parents, and most of their grandparents were as well, despite having a “higher education” and a white collar job.
Why is Disney seemingly still busy? Well, the top 10% are doing so well, they can take 3 trips a year now. They buy every add on that lets them skip lines, sit in good places for fireworks, and have a party at the TOTWL. This is what Disney wanted, to focus on them and not the AP holders. They promised us higher prices would result in allowing them to lower attendance and keep their bottom line upwards. Instead they now act like they have no control over attendance- we tried to price them out and they still came, not our fault.
I used to think Disney was going to suffer in the long run, but they have all the data and are much smarter than I am. They know they can survive off just the 10%- if the rest of us want to go it’s just icing on the cake. If not, they truly, seriously do not care how many people we tell negative things to, we are of no consequence anymore.
As someone with many in family in the trades, many contractors recently started modeling their entire business around the wealthy- they won’t even consider you as a client. The wealth gap is going to eat this world alive, it has in the past and it will in the future. It’s showing its ugly head in discretionary spending first, because that’s the part most people can live without.