Social Question

josie's avatar

Why aren't consumers more discriminating?

Asked by josie (30934points) June 21st, 2010

A local politician, in a campaign ad, rants against banks charging swipe fees for debit cards. In this ad, the candidate claims that he will go to Washington, and fight to eliminate this unfair practice. Why do people think that the answer is in Washington? There are plenty of banks out there that will do business with you under your terms. Plus, nobody is forcing anyone to use a debit card. So why are people so quick to imagine that corrupt, ambitious, amoral politicians are going to do anything but make their lives more expensive and more complicated. All anybody has to do in this case is be an informed consumer. Is that really too much to ask?

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6 Answers

AmWiser's avatar

Of course the answer is in Washington and as a politician I need your money to get there so I can get to the root of the problem. Once I’m in Washington I will use your money to fund my own agenda (travel, vacation, private school for my kids, etc.etc.). If you so happen to get to me via telephone in my office, I will tell you to be an informed consumer, talk to the bank and see if they will do business with you under your terms.

CMaz's avatar

“There are plenty of banks out there that will do business with you under your terms.”
That is what they have you believing.

josie's avatar

@ChazMaz All you have to do is shop around. I have been doing it for years.

CMaz's avatar

Going from one snake oil salesman to the next.

If you need 10 of something. You are offered 4, but you shop around and get 6.
You are still 4 short. Better, looks good on paper. But still a compromise, for the benefit of the banking institution..

YARNLADY's avatar

Use the word informed and you’ve already lost the majority of the general public.

jerv's avatar

We are sheep. Easily led, largely ignorant, and more interested in blindly following sound bites and slick ads than in actually using that grey jelly between our ears.

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