How stupid are Americans?

Well, I was always told, the difference bewteen stupidity and genius, is that genius has it's limitations.

So, all you stupid Americans dig down deep again in December and hand over your shekels and another years compound interest to the same ((marketeers)) who shame you into usurious debt so the little kiddies don't cry that "santa" never came.

Like my dear old uncle used to say with that mischievous grin on his face...."Why didn't you know the Jєωs invented Christmas, kid". 

And just about this time every year, I almost believe him;


An alarming number of shoppers are still paying off debt from last Christmas
As the holiday season approaches, the pressure to spend spikes. This year, gift-buying Americans plan to spend $660 on average.
That's according to new data from NerdWallet's 2017 Consumer Holiday Shopping Report, which analyzed spending and behavior trends of more than 2,000 Americans aged 18 and over.
And holiday-induced  debt is a growing problem. Although survey respondents say they plan to spend roughly the same amount as they spent last year, 24 percent of shoppers say they overspent in 2016, while 27 percent admit to not making a budget at all.

During the 2016 season, boomers proved most likely to take on debt to finance their purchases, with 63 percent of respondents copping to the habit. Other generations took on debt as well, including 58 percent of Gen-Xers and 40 percent of millennials.
https://www.cnbc.com/2017/11/17/shoppers-are-still-paying-off-debt-from-2016-holidays.html