First off, I promise a bike-related post tomorrow.
I just couldn’t pass this up, though. Americans are stupid, at least according to The Center for Economic and Entrepreneurial Literacy. If you click on the link, you can read the whole sad press release. Some of it isn’t very surprising, but I was shocked by this:
“65% of respondents could not identify what would remain if you subtracted 25% from 8. One in three respondents could not identify what 1% of 50,000 was.”
Seriously? I mean, this is a survey of ADULTS. Presumably adults who own telephones and are listed in the phone book (hence eliminating pretty much all of the folks who could possibly have an excuse for not knowing how to do math that simple). 65 percent don’t know what 25% of 8 is?
We are all screwed.
On the plus side, though, I’m offering a special deal for new Waltworks customers – pay only *one penny* as a deposit, then two cents the next day, 4 cents the day after, and so on, for 60 days. Just think! A custom frame for only pennies – and on a 2-month deferred payment schedule you can afford!