American IQ

According to a recent poll, 2/3rds of Americans would have difficulty coming up with the money to cover a $1,000 emergency.  Even for the wealthiest 20% — those making more than $100,000 a year — 38% would have difficulty coming up with $1,000.

Despite this, 2/3rds said they feel positive about their finances…  Wha???  Huh???  How does that idea follow the other idea? 

…and if faced with that $1,000 bill, the majority wouldn’t pay with money on hand anyway, they would borrow from a bank, friends and/or family… or put it on a credit card.

In addition 13% would skip paying other bills, and 11% said they would not pay the bill at all.  Nice!!!  Sure…  just stiff the guy that’s the American Way. 

But you can bet the very next day these same people will be lining up at Starbucks for their $5.25 Frappacinos.

God help us.  And these people are voting on economic issues?  And the worst of it???  most of them are in Congress!

Citizen K

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