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UPS driver has a blunt take on US economy after delivering this year's Christmas packages

It's the guys on the ground who notice things first.

via Elvert Barnes/Flickr

A UPS driver on a phone call.

Certain professions have an inside look at the economy because they’re on the ground floor and see things change firsthand. For example, the advertising business knows that a recession is coming six months ahead of time, and realtors often get a good idea of how the economy is changing before the shock hits everyone else.

Delivery drivers are another group of people who can get a good idea of how the average person is doing. They have more packages to deliver when the economy is doing well and fewer when things take a turn for the worse. That’s why a TikTok by UPS driver Donate McCauley (@dontaymccauley) has so many views. After delivering Christmas packages, he thinks things are going well for most people at the end of 2024.

“I thought everybody was broke. I thought we were trending towards a recession, and y’all been complaining all year about finances, and y'all say that until Christmas,” the UPS driver said in a video with over 100,000 views.

@dontaymccauley

credit card debt going crazy. #ups #peakseason #Texas #foryoupage

“I see y'all actually do got money. And y'all making us pay, for every house got, like, 3, 4 packages. I'm loaded up,” McCauley continued. “Every day I'm going out with 400 packages on this truck, and y'all killing us, man, give us a break. But I thought you ain't have no money, though?”

Is the U.S. economy good or bad in 2024?

The post received many comments; some said they are having difficulty getting by this year, while others say they are doing pretty well these days. It’s another example of the lukewarm way that people have viewed the U.S. economy since the COVID-19 pandemic subsided.

“Broke as in it costing me a whole helluva lot more to live than it should. I will always have money for Christmas one way or another,” Lisa Marie wrote. “We’re using After Pay. I did LOL,” Juanita added.

“I have been saying this ALL YEAR. Every restaurant, every tourist attraction, special event, and retail store is PACKED most of the time in my small ‘poor’ city,” SteelersGirl wrote. “I said this to my husband a few weeks ago. Everywhere I go, people are buying stuff. Car dealership was packed last week, too. The economy seems ok,” Wiat What wrote.

Another delivery driver chimed in, and she felt the same way as McCauley. “USPS here. I have been saying this for the last year,” ChicagoGirl wrote.



Are Americans spending more this holiday season?

The confused delivery driver who says that people are saying one thing but spending in another tracks a pre-election poll. A survey taken in September found that 62% of respondents said the economy was weak, while 38% said it was strong.

Regardless of how individuals feel about the economy, the numbers don’t lie. This was a strong holiday season for retailers. Visa says that spending is up this holiday season 4.8% over 2023. "This holiday shopping season, we’re seeing increasing consumer confidence as people sought out in-store experiences – and went online – to purchase gifts and celebrate the holidays with friends and family,” Wayne Best, chief economist at Visa, said in a statement. “This spending growth demonstrates the adaptability of both consumers and retailers and the overall strength of the economy.”

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The 'world's most livable city' has a proven, 100-year-old approach to affordable housing

More than 60% of this city of 1.9 million people lives in government-subsidized housing.

Photo by Jacek Dylag on Unsplash

Vienna, Austria, is the "world's most livable city."

My family recently spent a week exploring Vienna, Austria, getting a first-hand look at why it's been named "the world's most livable city" for 8 out of the past 10 years. As we enjoyed the efficient public transportation system and meandered the picturesque streets filled with gorgeous architecture, we did find ourselves thinking, "Yeah, we could live here."

Part of that feeling was prompted by the beauty of the place, but as we spent hours walking through the historic heart of the city, something else struck me. Unlike every other big city I've visited in recent years, I didn't see anyone sleeping on the sidewalk. No tents as makeshift homes set up anywhere. It was so striking, I kept wondering, "Where were all the homeless people?"

Vienna is home to 1.9 million people—more than twice the population of Seattle or Boston, where you can't walk for 5 minutes through downtown without seeing multiple people experiencing homelessness. I began to wonder if perhaps Vienna was a case of homelessness being shoved out of view into slums or something. But after digging a bit, I learned that Vienna does have some homeless population. It just doesn't have the numbers or the homelessnessproblem that most modern large cities do, thanks to its 100-year-old approach to affordable housing.

In the late 19th century, Vienna faced a huge housing and economic crisis. It was bad, even contributing to a tragically young life expectancy in 1900.

To address the problem, from 1919 to 1934, the city poured tax revenue into public housing—but not like any public housing most of us have ever seen. Known as as Volkswohnungspaläste, or “people’s apartment palaces," the homes that were built were multi-story apartment blocks built with quality materials and beautified architectural details. They included green spaces and playgrounds and were built with easy access to medical facilities, schools, libraries, post offices and theater spaces.

The ideas was that government housing should be conducive to a good quality of life for all. And this novel concept has been at the heart of the approach to housing in Vienna ever since. Today, more than 60% of the Viennese population lives in government-subsidized housing and nearly nearly half of the housing market is city-owned flats or cooperative apartments. There is no stigma attached to public housing, which is interspersed throughout the city.

While other European cities began to privatize and commodify housing in the 1980s and 90s, Vienna held the course, viewing housing as a human right. And now it's being named the "world's most livable city" almost every year. Go figure.

In the fall of 2022, a delegation of 50 American tenant and homeless leaders, organizers, researchers, and elected officials visited Vienna to learn more about their social housing programs. Here were a few of their impressions they shared with "The Nation":

"The attitude there is so different than what we have in the United States. We have it ingrained that public things are supposed to be nasty, supposed to be the lowest of the low. But to see what we saw in Vienna, it was like, wow, it is achievable to have housing that is government-owned, for the people, and beautiful." – Julie Cohon, lead housing organizer at Northwest Bronx Community and Clergy Coalition

"I work hard. And, I still don’t have a safe place to live. In Vienna, we saw regular people who had not only safe but beautiful spaces. [When we were touring Sonnwendviertel, a 5,500 apartment social housing development not far from the city’s main train station], I kept noticing a lot of kids. And we saw how space was really designed for them: lots of day care centers and beautiful, car-free streets. What we saw is when the profit motive is taken out of housing, it’s a game changer." – Dorca Reynoso, board member of the Met Council Action

"My main reflections from Vienna was how long the culture of housing for all has been in existence. The quality of social housing was also interesting: the Viennese government chose maintaining well-constructed buildings, rather than demolishing and rebuilding every 30 to 50 years. The very first municipal complex was built in 1924 and is still fully occupied today." – India Walton, senior adviser at the Working Families Party

Is it possible to apply what has been learned in Vienna over the past century to other places? Why not? Considering the unaffordability of housing in so many cities, it seems worth a try. Housing isn't the only thing that makes Vienna a highly livable city, but it definitely plays a huge role. When housing is reasonably desirable at every price point and people aren't worried about affording a nice roof over their heads, it's easier to address the other things that make life good. It at least seems like a good place to start.


This article originally appeared on 12.9.23

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Middle class families share how much money they have in savings and it's eye-opening

"I transfer money each paycheck but always end up needing to transfer it back."

Photo by Karolina Kaboompics/Pexels

Many middle class families are sharing that they have nothing in savings right now.

According to an April 2024 Gallup poll, 54% of Americans identify as part of the middle class, with 39% identifying as "middle class" and 15% identifying as "upper-middle class." That percentage has held fairly steady for years, but for many, what it feels like to be a middle class American has shifted.

Notably, inflation caused by the pandemic has hit middle class families hard, with incomes not keeping up with cost-of-living increases. Housing costs have skyrocketed in many areas of the country, mortgage interest rates have risen to levels not seen since the pre-Obama era and grocery bills have increased significantly. One government study found that cost of living has increased between around $800 and $1,300 a month depending on the state since 2021, putting a squeeze on everyone, including the middle class.

One woman shared that her family is just getting by and asked other people who identify as middle class to "chime in" with what they have in their savings account.

"I swear, every paycheck I am putting money into my savings, but needing to transfer it back within a few days," shared @abbyy..rosee on TikTok. "My registration is due. My husband's registration is due. He needed two new tires, even though they had a warranty. That's $300. My oldest needs braces, he needs a palate expander, that's $120 a month. Not to mention groceries are $200 more a week. Forget about feeding your family great ingredients because who has $500 a week to spend on perfect ingredients to feed your family?"


@abbyy..rosee

somethings gotta give #savings #middleclass #relatable

She explained that her husband makes enough money that they should be able to live comfortably, and that she quit her job because the cost of daycare was more than she was making.

"At some point, something has to give," she said. "What is going on? How do I save money?"

People in the comments chimed in with their savings account totals and it was quite eye-opening. Many people shared that they have $0 saved.

"We make the most money we ever have and have zero savings. We live paycheck to paycheck and every month I don’t know how we get by."

"I think the middle class is 1 personal disaster away from bankruptcy."

"Y’all got savings accounts?!?! 😂"

"I used to freak out if I had under $10k in savings, now I’m happy when I have over $150. 😫"

"We make almost 100,000 a year with no savings!!!! It's always something!!"

"I'm lucky if we have $500-$1K for an emergency. every single time we start saving something happens. the vet, the cars, the kids... something."

"Savings account? I transfer money each paycheck but always end up needing to transfer it back. My husband makes great money too but we are scraping by."

"$803 but we have to pay a $750 deductible this week b/c my Husband hit a deer soooo… back at it 😭 It’s exhausting. Constantly draining it, refilling it, transferring."

Some people shared that they do have some savings, but several said it was because they'd had an inheritance or other chunk of money come their way. Many people shared that their savings has dwindled as increased costs have taken their toll. Some people gave lifestyle advice to save money, but most agreed that just the basics have gotten so expensive it's harder to make ends meet much less put extra into savings.

Thankfully, the inflation issue appears to be waning, but even just plateauing at their current financial reality isn't ideal for many American families. Middle class is supposed to be a comfortable place to be—not rich, but well enough off to feel secure. That's not how many middle class folks feel, though. Most Americans don't have anything close to the amount of money saved that is recommended across the age spectrum, but at least hearing that others are in the same boat is somewhat comforting.

It can be vulnerable to put your financial reality out there, but it's helpful to hear what other people are doing and dealing with so we all feel less alone when we're struggling. Perhaps if people were more open about money, we'd all be able to help one another find ways to improve our financial situations rather than lamenting our empty savings accounts and wondering how to change it.


This article originally appeared on 7.17.24

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Nike employee goes from intern to CEO in 30 years

He's like if "Just Do It" was a person.

LinkedIn & Nike

Elliott Hill doesn't fit the usual mold of CEO of a multi-billion dollar global corporation.

He wasn't brought in from some fancy consultancy to cut the bottom line and boost profits. On the contrary. He worked his way up from the very bottom.

In this day and age, that's a pretty remarkable feat.

After being announced as the next leader of the storied company, a screenshot of Hill's LinkedIn profile went mega viral.

Why?

Well, just take a look.

Hill has only worked one place — Nike — where he started as a simple intern over 30 years ago. Now he's the CEO.

LinkedIn

Obviously, it was a long journey.

Hill spent two years as an intern, then worked his way up through Sales before becoming a VP. That alone took 10 years of hard work.

A few years later he was a President-level executive, and he continued to work on many different teams and divisions for the global brand, gaining valuable knowledge and experience with many different facets of the company

Hill briefly retired from Nike in 2020 before being recruited to come back this year.

Bringing Hill back on board comes on the heels of the previous President & CEO stepping down from the role.

John Donahoe was a former management consultant and previously served as the CEO of eBay and of a cloud computing company before joining Nike.

He was big on tech, big on cost-cutting, and big on layoffs. But he didn't know much about sneakers, or the Nike brand. The results were disastrous for what as once the biggest sneaker brand on the planet.

So Nike looked at its own homegrown talent to find a replacement, seeking someone who not only got the brand and business, but respected and understood its core customers.

Based on tenure and experience, there weren't many better candidates than Hill!

No one would ever accuse Nike of always doing the right thing over the years. But this is one good example that other companies should follow: promoting from within.

It's not a great look to bring in an outsider, hired-gun CEO to the tune of a nearly $30 million pay package, only for that person to ruthlessly slash jobs.

But it seems to be a popular choice for big companies these days: Tap a leader who will blindly optimize for profit and shareholder value and/or strip the company for parts. Capitalism, baby!

Nike the corporation will probably be more-or-less fine either way. It's the passionate sneakerheads and the dedicated employees who get hurt — the people who make the brand what it is.

Sean Lemson, a leadership development coach and author, wrote on LinkedIn:

"It was very hard for me to watch (and be swept up in) the way John and other leaders from Silicon Valley just completely devalued the nike-blooded employees who were let go over the years."

Heather Smit, a marketing and creative operations professional at Nike, was extremely candid in her own post:

"Though I survived and even thrived amidst the 2 massive reorganizations John led, they have left us with bumps, bruises, and even scars. We lost a lot. We’ve been through hell and back in the last 5 years under John’s leadership. We’re still here because we LOVE this company and we know we deserve better. The consumer deserves better. Elliott doesn’t have an easy job ahead of him, but he’s got about 80,000 hopeful and energized employees behind him, ready to go."

It's not often you find yourself rooting for a millionaire CEO, but Elliott Hill's story is just so dang inspiring we might not have a choice.

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