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I'm convinced that this is a byproduct of Americans' inability to do maths. People seem to look at monthly prices and go based on that. They are okay with sal
by rogerbinns 14y ago
I'm convinced that this is a byproduct of Americans' inability to do maths. People seem to look at monthly prices and go based on that. They are okay with sales taxes not being displayed in stores. Cell phones and service are notorious.
Probably the best explanation is the historic optimism. If you strongly believe your personal future is going to be better then the price this month is all that matters because next month it will be a smaller part of the bigger pie you will have.
I especially like this quote:
"Socialism never took root in America because the poor see
themselves not as an exploited proletariat but as
temporarily embarrassed millionaires"
- duaneb 14y agoI think that Americans can do math as well as anybody, but they like being deceived, as strange as that sounds. They like the fantasy of $30/month even though they're paying $80. Furthermore, I think the people who most appreciate what JCPenney did are the people with the tightest wallets in this economy. All of this is pure speculation, BTW.