{"id":11637,"date":"2012-07-02T06:05:43","date_gmt":"2012-07-02T11:05:43","guid":{"rendered":"http:\/\/brianjnoggle.com\/blog\/?p=11637"},"modified":"2012-07-02T06:05:43","modified_gmt":"2012-07-02T11:05:43","slug":"optimism-must-be-educated-out-of-the-populace-or-regulated","status":"publish","type":"post","link":"https:\/\/brianjnoggle.com\/blog\/2012\/07\/02\/optimism-must-be-educated-out-of-the-populace-or-regulated\/","title":{"rendered":"Optimism Must Be Educated Out Of The Populace Or Regulated"},"content":{"rendered":"<p><a href=\"http:\/\/www.dustbury.com\/archives\/14744\/\" target=\"_blank\">Dustbury<\/a> links to a story about the Feds worrying about the uninformed masses who must be shepherded:  <a href=\"http:\/\/consumerist.com\/2012\/06\/study-nearly-half-of-consumers-fooled-by-up-to-claims-in-advertisements.html\" target=\"_blank\">Study: Nearly Half Of Consumers Fooled By \u201cUp To\u201d Claims In Advertisements<\/a>:<\/p>\n<blockquote><p>The Federal Trade Commission recently commissioned a study that looked out how consumers perceive and comprehend the &#8220;up to&#8221; conditional in advertisements.<\/p>\n<p>The researchers used different versions of an ad for windows &#8212; one that stated that the windows were \u201cproven to save up to 47% on heating and cooling bills,&#8221; and one that simply stated, \u201cproven to save 47%.\u201d<\/p>\n<p>Of those who looked at the &#8220;up to&#8221; version, 45.6% mistakenly said the ad promised to save 47%. Meanwhile, only 58.3% of consumers who saw the unconditional version said the ad promised to deliver 47% savings. According to the FTC, the small difference between the two results indicates that the use of &#8220;up to&#8221; did little-to-nothing to change consumers\u2019 perception that the ad was promising the maximum level of performance.<\/p><\/blockquote>\n<p>Friends, Americans, and countrymen under the DREAM thing, this results from the Lake Woebegone Effect and self-esteem based educational curricula.  People all believe they are better than average, better looking than average, smarter than average, and in the tops in whatever they&#8217;re measured.  Whether they are or not.<\/p>\n<p>So of course they believe that the absolute best possible result of a product applies to them.  Some people, not just in Chicago, spend their winters thinking the Cubs might win the World Series.  People like blood sausage, too.<\/p>\n<p>Now that the FTC has discovered this fact, what does the FTC want to do about it?  Solve the problem of optimism, no doubt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dustbury links to a story about the Feds worrying about the uninformed masses who must be shepherded: Study: Nearly Half Of Consumers Fooled By \u201cUp To\u201d Claims In Advertisements: The Federal Trade Commission recently commissioned a study that looked out how consumers perceive and comprehend the &#8220;up to&#8221; conditional in advertisements. The researchers used different [&hellip;]<\/p>\n","protected":false},"author":3334,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,29],"tags":[],"class_list":["post-11637","post","type-post","status-publish","format-standard","hentry","category-federal-government","category-news"],"_links":{"self":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/11637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/users\/3334"}],"replies":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/comments?post=11637"}],"version-history":[{"count":2,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/11637\/revisions"}],"predecessor-version":[{"id":11639,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/11637\/revisions\/11639"}],"wp:attachment":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/media?parent=11637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/categories?post=11637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/tags?post=11637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}