This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vacation Abroad or Stay Ignorant at Home

NEW YORK (TheStreet) --- So, you're proud of a work ethic that meant you had unused vacation days last year. You drive a BMW or wear designer labels or maybe you're saving for an apartment deposit.

A Cadillac 2014 commercial applauds this ethic and the benefits of "stuff," like a fancy car, that come from hard work. It highlights the materialistic values of American culture and achievements of famous hard-workers.

But there's a flipside to a culture that applauds scant vacation time. For one thing, it means fewer trips abroad. Around 34% of Americans hold passports according to the U.S. State Department, which means two-thirds of you have no first-hand experience of another country. This compares to 60% of Canadians and 75% of Brits with passports.

The U.S. is the world's largest economy and frequently sticks its nose in international affairs. A population that does not travel is one easily swayed by populist politics -- more vulnerable to "us" and "them" propaganda on other cultures -- more willing to use brute force against complex problems.

Americans ought to seek an understanding of the world they influence. Instead, you have a reputation for insularity. A large part of this is cultural: many lack curiosity about the world and fear reaching beyond their comfort zone.

"Oh it's so far!" Americans frequently exclaim, when you suggest they travel overseas. Bullshit. I'm Australian. We routinely take 24-plus-hour trips because we are hungry for other experiences. Europe is a hop and a jump for you. I've met men in New York who've never been abroad. In many countries this would be viewed as infantile.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs