Why Americans Get Ripped Off

Thursday, March 11, 2010

"Why are people so gullible?" And equally important: "Why are companies allowed to take advantage like this?"

Bob Sullivan thinks he may have some answers.

Posted by lee_the_agent at 05:02 PM | 4 COMMENTS | permalink | Comment on This Entry |

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lee_the_agent

Only people speaking the language of known conflict have now become the entire housing military.

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Here's one horrifying example from a U.S. Department of Labor study that Sullivan cites: Only 42% of American adults surveyed could add the cost of two items on a menu (one cost 60 cents and the other cost $1.95) and then figure a 10% tip.

WOW. I imagine that reliance on the Iphone will not help...

Posted by butthole_surfer at 2010-03-11 06:22 PM | Reply | Flag:

"one cost 60 cents and the other cost $1.95"

10% of twelve dollars is eleventy-two.

Posted by LetUsPrey at 2010-03-11 07:11 PM | Reply | Flag:

Hear about the blonde who couldn't call 911 because she couldn't find the 11?

Posted by AMERICANUNITY at 2010-03-11 07:16 PM | Reply | Flag:

You are just full of jokes today. I liked the ones directed at Wis (and vice versa) better.

Posted by butthole_surfer at 2010-03-11 07:34 PM | Reply | Flag: