People will be compelled to raise their standards of living once they gather the money need to. There is a strong correlation between income and spendings, meaning as one increases the other increases and vice versa. People will have the urge to run to the nearest store to buy whatever outs their mind to it whenever the spending budget is basically limitless. This direct relationship on consumership is supported by Professor Drazen Prelec, a psychologist studying the psychology of money, and the power of credit cards. Prelec is a Harvard student graduate who holds appointments in the department of Economics and in the Department of Brain and Cognitive Sciences (“Faculty and Research”). He believes that with the invention of the insidious credit card, people would not stop to think about payment much less what they are buying (“The Psychology”). Concluding that credit cards combined with an increased salary, America will end up becoming and economically prosperous country that cares for its people. However, few people in America believe that the creation of free college will cause the country to become expose to government debt. Nevertheless, America could support itself economically and give out free tuitions by lessening the subsidizing of grants and scholarships to the wealthy. By doing this, America will make a
People will be compelled to raise their standards of living once they gather the money need to. There is a strong correlation between income and spendings, meaning as one increases the other increases and vice versa. People will have the urge to run to the nearest store to buy whatever outs their mind to it whenever the spending budget is basically limitless. This direct relationship on consumership is supported by Professor Drazen Prelec, a psychologist studying the psychology of money, and the power of credit cards. Prelec is a Harvard student graduate who holds appointments in the department of Economics and in the Department of Brain and Cognitive Sciences (“Faculty and Research”). He believes that with the invention of the insidious credit card, people would not stop to think about payment much less what they are buying (“The Psychology”). Concluding that credit cards combined with an increased salary, America will end up becoming and economically prosperous country that cares for its people. However, few people in America believe that the creation of free college will cause the country to become expose to government debt. Nevertheless, America could support itself economically and give out free tuitions by lessening the subsidizing of grants and scholarships to the wealthy. By doing this, America will make a