this post was submitted on 18 Jan 2026
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Because some people need to have multiple hyper-yachts and who are we to stand in their way?
There are millionaires and billionaires in Europe though, so clearly it is possible to have decent work-life balance and still support the excesses of a rich upper class, assuming that's a requirement.
The amount of productivity lost because of paid leave is almost negligible, study after study has shown that people are less productive the more overworked they are. So staff with no time off work longer hours but are less productive for those hours, the end result is it pretty much equals out. If it didn't, the US economy would be doing better then it is, €1 is $1.16.
Studies show programmers are about as productive if they only work 80% compared to 100%. Or so I recall, gotta dig that one up. Personal experience is the more people linger in the office the less (quality) programming gets done.
My take is that people seem to like it, I mean why are they staying late for free otherwise?
Nah, it's a dumb reason to do anything, much less hand wealth to a bunch of people who don't give a shit about the workers who got them there. It was more tongue in cheek than anything.
Less time off has more to do with middle managers justifying their pittance than anything else.
The exchange rate isn't really the best indicator of the economy because either side can print more or take excess money out of circulation.
Not that your other points are wrong or anything. Just wanted to point that little thing out.