Categorized | In the News

Bait-and-switch, and then bankrupt

Posted on 25 April 2011

Defeat the Debt’s executive director, Rick Berman, had an op-ed on bankrupt government programs in the Sunday, April 24th, edition of the Iowa Gazette.

When a company advertises a great product at an unbelievably low price, then tries to sell you a higher-priced alternative because they never had the product in the first place, we call it “bait-and-switch.” It’s fraud, and it’s illegal.

When the government proposes a law and sells it to the public with unrealistically low cost estimates — knowing full well that we the people will pick up the tab — we call it “business as usual.”

Read the whole thing here