Consumer

Researchers find one in four people grapple with compulsive overspending during the holiday season. An overwhelming 56% of respondents feel pressured to spend money during the holidays, with family emerging as the primary source of financial strain.

More than 75% of respondents experience what researchers call “money wounds” — emotional difficulties stemming from financial challenges that cut to the core of personal well-being.

The study reveals that low self-esteem, compulsive overspending, and shame from past financial mistakes emerge as the most common “money wounds.” The financial stress takes a significant emotional toll. 68% of those experiencing money wounds report that these challenges hold them back from feeling fulfilled and successful.

Many of those with money wounds admit to avoiding their financial troubles during the holidays. This avoidance manifests in various ways: refrain from buying gifts (37%), declining party invitations (33%), and avoid checking their bank account balances (29%).

Perhaps most heartbreaking is the social isolation that follows. 42% of respondents say they’ll become distant from others to avoid experiencing spending pressure. This distancing comes at an emotional cost, with participants reporting feelings of shame, guilt, and loneliness.

There is a glimmer of hope. 61% of respondents are actively trying to embrace the philosophy that “money and spending don’t equal happiness.” However, the road to recovery is long. On average, respondents believe it takes six years for a money wound to heal. More sobering still, many don’t believe financial trauma ever completely resolves.

As the holiday season approaches, the serves as a powerful reminder of the emotional complexity behind financial stress, urging compassion, understanding, and support for those struggling with money-related challenges.

This holiday season, take a moment to ask yourself, “Does this person really want what I’m buying them?” A new survey finds the answer is likely no! Researchers have found that more than half of Americans (53%) will receive a gift they don’t want.

It turns out that everyday Americans are throwing away tons of money. According to a survey, unwanted presents will reach an all-time high in both volume and cost this year, with an estimated $10.1 billion being spent on gifts headed for the regifting pile.

Overall, the annual holiday spending forecast finds that roughly 140 million Americans will receive at least one unwanted present. Shockingly, one in 20 people expect to receive at least five gifts they won’t want to keep. The average cost of these unwanted items is expected to rise to $72 this holiday season, up from $66 last year. That represents a billion-dollar surge in wasteful holiday spending.

Saying “you shouldn’t have…” might be a more truthful statement than ever when it comes to certain gift ideas. Topping the unwanted gift list are:

Clothing and accessories (43%)
Household items (33%)
Cosmetics and fragrances (26%)
Technology gifts (25%)

So, what happens to all these well-intentioned but unwanted presents?

Regifting is the most popular solution (39%)
Return the item to the store to exchange for something else (32%)
Sell the unwanted gift (27%)

So, if you’re still looking for last-minute gifts this holiday season, choose wisely. There’s a very good chance the person you’re buying for won’t like your choices anyway.

Possible Preaching Angle:
You can use this story to remind people that the only gift that is universally appropriate in the gift of God’s Son. But in the same way, many people reject this costly gift as unnecessary and unwanted (John 1:11-12).

The longer the internet lives, the more inescapable a certain trend becomes: the performance of grief. That is, when someone on TikTok, Instagram, or YouTube, exhibits a hardship for audience consumption. At The Atlantic, Maytal Eyal has an interesting appraisal:

People post videos of themselves crying (or trying not to). Some of these videos moody music; many rack up hundreds of thousands of views. … Influencers and celebrities strip down to what can seem like the rawest version of themselves, selling the promise of “real” emotional connection—and, not infrequently, products or their personal brand.

The weepy confessions are, ostensibly, gestures toward intimacy. They’re meant to inspire empathy, to reassure viewers that influencers are just like them. But in fact, they’re exercises in what I’ve come to call “McVulnerability,” a synthetic version of vulnerability akin to fast food: mass-produced, sometimes tasty, but lacking in sustenance. True vulnerability can foster emotional closeness. McVulnerability offers only an illusion of it.

In my years as a therapist, I’ve seen a trend among some of my younger clients: They prefer the controlled environment of the internet — the polish of YouTube, the ephemeral nature of TikTok — to the tender awkwardness of making new friends. Instead of reaching out to a peer, they’ll turn to the comfort of their phone and spend time with their preferred influencers.

Psychotherapist Esther Perel touched on this impulse while discussing what she calls “artificial intimacy.” She says that these digital connections risk “lowering our expectations of intimacy between humans” and leave us “unprepared and unable to tolerate the inevitable unpredictabilities of human nature, love, and life.”

Putting yourself out there is uncomfortable. But I also worry that by relying mostly on social media to encounter other humans, they’re forfeiting opportunities to develop the skills that could help them thrive in the flesh-and-blood world.

If you have money problems, maybe you need to hire a “financial therapist.” A recent Wall Street Journal article states:

Do you worry a lot about higher food and gas bills? Fight with your spouse over spending splurges? Fear you’ll outlive your savings? Some people seek to ease such money anxieties by hiring a financial therapist.

Many Americans are worried about their personal finances. In a survey of about 3,000 U.S. adults conducted in October 2024 by Fidelity Investments, more than one-third of respondents said they were in “worse financial shape” than in the previous year. Some 55% of those respondents blamed inflation and cost-of-living increases.

Similarly, 52% of 2,365 Americans polled for Bankrate.com said money negatively affected their mental health in 2023. That is 10 percentage points higher than in 2022. Financially anxious and stressed individuals are less likely to plan for retirement, prior research has concluded.

The goal of financial therapists ultimately is to help people make good financial decisions. This is typically done by raising their clients’ awareness of how their emotions and unconscious beliefs have affected their sometimes messy experiences with money.

Needs for such help often arise following a job loss, bankruptcy, or marital partner’s financial infidelity—when one spouse hides or misrepresents financial information from the other. Even something seemingly positive, such as getting a big inheritance or winning a lottery, can cause financial anxiety.

“Folks are craving help with financial well-being,’’ says the president of the Financial Therapy Association.

Does this sound familiar? You’ve read rave online reviews about a restaurant or hotel and made a reservation. Then you show up and wonder if you’re even in the same place the reviewers visited. That’s when you know: They were fake reviews.

Phony reviews make up a big percentage of the total out there—anywhere from 16% to 40%, according to some estimates. Some fakes are raves by employees, artificial-intelligence software, or people hired to wax poetic about the place. Others are negative write-ups by disgruntled ex-employees or competitors.

The problem is so widespread that the Federal Trade Commission just created a new rule that will seek civil penalties for violators who pay for fake reviews or testimonials. Meanwhile, review platforms and online travel agencies are stepping up their efforts to weed out fake reviews before they ever show up online.

Possible Preaching Angle:

The article in The Wall Street Journal continued by listing six ways to check the validity of online reviews to distinguish a fake review from a true review (such as, “look for a picture,” or “avoid extremes,” and “check the timing of the review”). But how about us? How do we tell the difference between truth and falsehood, good doctrine from bad doctrine?

More than 40% of commercials shown during the 2023 Super Bowl game featured multiple celebrities, a nearly sixfold increase from 2010. 2024’s game was no different. Many star-studded commercials featured celebrities, including a Michelob Ultra spot featuring Lionel Messi, Jason Sudeikis, and Dan Marino, and a BetMGM ad starring Tom Brady, Vince Vaughn, and Wayne Gretzky.

Brands are leaning more on celebrities because there is “so much pressure to break out,” said one branding strategist. Celebrities help advertisers get noticed and help them tap into the buzz on social media, “because people will share that sort of thing more than they will share a product story,” the strategist added.

Celebrity-free Super Bowl ads have now become a rarity: They accounted for less than a third of all commercials shown during the game in recent years. There is a downside to the approach. “There are so many celebrities appearing during the game, and it is really hard to tie the celebrity to the brand,” said the branding expert. “It’s celebrity soup.”

Possible Preaching Angle:

The Bible encourages Christians to be discerning and to think critically. So, when faced with celebrity endorsements, it's important to evaluate the claims made and to consider the motivations behind the endorsement. Christians should not blindly accept everything they see or hear, but should use their discernment to make informed decisions.

Giant companies that study us in hopes of unearthing insights that can help them sell more potato chips, laundry detergent, and lipstick have reached a conclusion that economists and pollsters have also found. We are unhappy—squeezed by inflation, troubled by global conflicts, and worried about an acrimonious election season. The companies are calibrating their pitches to entice us to open our wallets as a way of improving our collective mood.

Clorox thinks it can help with a new toilet bomb, a tablet of cleaner that foams and fizzes in the toilet bowl and releases a pleasant scent. “People are looking for a spark of fun and joy,” said Clorox’s general manager of cleaning. “We all know the world can get messy, but we understand the link between a clean environment and one’s physical and emotional well-being.”

As part of what Clorox calls a “consumer-obsessed” approach, staffers started using artificial-intelligence tools to scan digital media for new ideas. The Foaming Toilet Bomb is its first product from this initiative.

Procter & Gamble combs societal trends to select a scent of the year. So, P&G declared “Romance & Desire” its scent of the year, and bequeathed it to anxious Americans in the form of new Febreze air fresheners with a fragrance of pink rose petals and champagne spritz. The product line is intended to offer a sensory reminder of the importance of human connection, the company said.

As 29-year-old Neha Wright checked her mailbox and brought in the latest batch of bills, she realized the moment had finally arrived: Her childhood love of receiving a letter in the mail had officially been replaced with a very adult fear of receiving a letter in the mail.

Neha’s parents recall that as a kid, she would teem with excitement when she got a letter addressed to her and would run to open it. Neha’s mother said, “Most of the time it was something boring like a postcard from a cousin or a school paper. She’d check the mailbox every evening after school if she knew a letter was on the way.”

Now that she’s reached adulthood, seeing a letter in the mail sends a chill down Neha’s spine, and its sort of up in the air whether she will open it at all. She continued, “It’s almost always my electric bill or a notice from my bank, two of the scariest things a girl can receive. I’m pretty sure that if I don’t open it, I can’t be legally held responsible for the contents!”

According to her bank, this is untrue, but when reporters tried to inform Neha of this, she simply closed her eyes, held her hands over her ears, and said, “Lalalalalalala.”

Neha said, “It’s hard to imagine there was once a time where I loved receiving mail, because it meant $20 from my grandparents. Imagine opening mail and gaining money? That must’ve been awesome!”

Neha’s adulthood disdain for mail does not, however, apply to packages, which have retained their childlike wonder. If anything, Neha’s joy at receiving a package has only grown. “Oh, yeah, letters and packages are very different,” Neha continued. “Letters are scary and packages are tiny little glimmers of hope that carry things like clothing and skincare products. I’m super pro-package.”

Possible Preaching Angle:

Obviously, this is a humorous, but not so hypothetical, situation. How many of us overspend during the holidays, or put an expensive trip on our credit card, only to be shocked when the bill arrives whether by mail or email?

As Christmas approaches, too many parents will be competing to track down and purchase the latest and greatest toy that their child has set their heart on. Take a break from your frenzied competition with other parents to look back at the “5 Best Toys of All Time.” It’s guaranteed that you won’t guess them, even though you should.

So, here are five items that no kid should be without. All five should fit easily within any budget, and are appropriate for a wide age range so you get the most play out of each one. These are time-tested and kid-approved!

1. Stick

This versatile toy is a real classic—chances are your great-great-grandparents played with one. Stick works really well as a poker, digger, and reach-extender. Stick comes in an almost bewildering variety of sizes and shapes, but at least the classic wooden version is biodegradable.

2. Box

Box also comes in a variety of shapes and sizes. You can turn your kids into cardboard robots or create elaborate Star Wars costumes. A large box can be used as a fort or house and the smaller box can be used to hide away a special treasure. Got a Stick? Use it as an oar and the box becomes a boat. One particularly famous kid has used the box as a key component of a time machine, a duplicator and a transmogrifier, among other things.

3. String

Kids absolutely love string. The most obvious use of string is tying things together. You can use it to hang things from doorknobs or tie little siblings to chairs or make leashes for your stuffed animals. Use string with two cans for a telephone, or with a stick to make a fishing pole.

4. Cardboard Tube

The cardboard tube comes free with a roll of paper towels and other products. Some kids have nicknamed the cardboard tube the "Spyer" for its most common use as a telescope. Or tape two of them together for use as binoculars. But if you happen to be lucky enough to get a large size from Christmas wrapping paper, the best use is probably whacking things.

5. Dirt

One of kids’ favorite things to play with is dirt. As we grow up, we pick up an interest in cleanliness and aren’t such a fan of dirt anymore. Many parents aren't so fond of it either. But dirt has been around longer than any of the other toys on this list, and shows no signs of going away. In fact, there are some studies have shown that kids who play with dirt have stronger immune systems than those who don't.

So, what can you do with dirt? Well, it's great for digging and piling and making piles. Dirt makes a great play surface for toy trucks and cars. Just add water and—presto!—you've got mud! Dirt is definitely an outdoor toy, despite your kids' frequent attempts to bring it indoors. If they insist, you'll probably want to get the optional accessories broom and dustpan. But as long as it's kept in its proper place, dirt can be loads of fun.

The number of Americans carrying a credit card balance is climbing, with many using their credit to cover unexpected or emergency expenses, a new Bankrate report reveals.

The share of credit card holders that carry a balance has increased to 49%—up from 39% in 2021. This is likely due to the increased cost of credit card debt over the past two years. The average interest rate has climbed from an average of 16.45% in 2021 to 24.37% as of March 2024 according to Investopedia.

Of those with credit card debt, 43% say they carry a balance because of an unexpected or emergency expense, most commonly medical bills or car and home repairs. However, financial experts don’t recommend financing these costs with your credit card, if you can help it.

Credit cards tend to have high interest rates compared with other types of loans, which makes them a terrible option for debt financing. This is why experts recommend keeping your outstanding balance at $0 each month, if possible.

Paying only the monthly minimum payment is better than nothing. However, those payments only cover a fraction of the balance owed. The longer you take to pay the balance, the more interest you’ll be charged, since it accrues daily.

When Letitia Bishop ordered three Subway sandwiches at her local gas station, she probably expected a four-figure receipt – as long as the last two were after the decimal point. But that’s not at all what happened. After her purchase, she later checked her debit account and found a charge for $1,021.50.

After getting over the sticker shock of her purchase, Bishop said she tried contacting Subway’s corporate offices, but couldn’t get through to an actual human being. And when she went back to the store, she found that the store had been closed down.

It took seven weeks for her to get her money back, during which time she could barely pay for groceries and was forced to live off credit cards. Bishop said, “I had to make sacrifices during these two months. It was very difficult. I have never had to feel like we're going to have to get spaghetti, and that's going to be that.”

Bishop contacted a local news affiliate and filed a complaint with the Better Business Bureau in Connecticut (where Subway’s corporate offices are located). That’s when a Subway representative put her in contact with a regional manager that owns the gas station and the Subway franchise. That regional manager opted to give Bishop cash back and made her sign a receipt.

But that wasn’t the end of her headache. Apparently, the irregularity of the large cash deposit caused her local bank to flag the transaction, which meant she couldn’t immediately use the funds to pay her bills, causing further grief for Bishop. She said, "I just honestly don't have the emotional space to deal with this because literally it's stressing me out so much.

Possible Preaching Angle

Mistakes are a part of life, but those who do not own up to them cause a lot of harm to the innocent when justice is delayed.

For years, Wendy’s has been known to be astute in its use of social media to bolster its brand. But recently the company was caught flat-footed, and had to quickly backpedal to defuse a potentially catastrophic public relations scandal.

It started with a corporate earnings call to investors. Wendy’s CEO Kirk Tanner said, “Beginning as early as 2025, we will begin testing more enhanced features like dynamic pricing.” Dynamic pricing is a practice wherein the cost of something fluctuates depending on external factors that affect the product’s demand, like the time of day, day of the week, or the popularity of the product.

In response to this earnings call, journalists likened it to the concept of surge pricing in rideshare apps like Uber and Lyft, where rides cost more or less depending on how many cars are on the road.

In response to this news, people on social began bashing Wendy’s, because of what they perceived to be another example of corporate greed. One user on X said, “Imagine standing in line and watching the price of a Frostee increase by $2 as soon as you get to the register.”

The company was forced to respond. Whether or not their response was a reversal of plans or simply a clarification of intent, the company released a statement saying that it had no plans for surge pricing. A spokesperson for Wendy’s said, “We said these menu boards would give us more flexibility to change the display of featured items. We have no plans to … raise prices when our customers are visiting us most.”

Analyst Jennifer Dublino understands the outrage, pointing to unfair practices by corporate behemoths like Ticketmaster that result in customers revolting in droves. She said, “If customers are confused or feel taken advantage of by fluctuating prices, they may opt to purchase from a competitor with fixed pricing.”

Possible Preaching Angle:

Those who pursue profits at the expense of everything else often face harsh consequences.

For some shoppers, the upcoming holiday season may lead to piling on more debt. About 25% of Americans are still paying off holiday debt from 2022, according to WalletHub.

But those already carrying a balance could find themselves sinking further into the red if they don’t get a handle on their credit card debt. “If you’re in a hole, stop digging,” says Ted Rossman, Bankrate’s senior industry analyst.

One reason you may want to avoid racking up more debt is that higher interest rates are making it more expensive to pay down. As of November, the average credit card interest rate has risen from around 16% to nearly 21%. This is due to the Federal Reserve raising interest rates in March 2020 in an effort to combat inflation.

A higher interest rate means it could take longer and be more expensive to pay down your credit card debt. Rossman says, “Even a more modest $1,000 balance (from last year’s holiday gifts, perhaps) would keep someone in debt for 40 months and cost them $390 in interest if they only make minimum payments at [the current average rate of] 20.72%.”

Add-on fees are driving consumers crazy. From restaurants and hotels to concerts and food delivery, we are increasingly shown a low price online, only to click through and find a range of fees that yield a much higher price at checkout.

The term drip pricing was popularized by a 2012 Federal Trade Commission conference. Its spread is associated with the proliferation of airline fees after the Sept. 11, 2001, terrorist attacks. Yet an example of the phenomenon that long predates 2001 is stores’ practice of listing goods without the sales tax, which gets added at checkout.

Why not include the sales tax with the sticker price? One study from 2019 showed consumers punish that sort of transparency. A grocery store let the authors tag some products with the familiar pretax price and some with the total price including tax. For example, a hair brush’s price tag showed $5.79 before tax, and beneath that $6.22 with the tax. Sales volume dropped for products with price tags that included the tax than a control group without the tax.

This isn’t because shoppers didn’t know the tax rate or which items were taxable. In fact, 75% of shoppers surveyed knew the sales tax within 0.5 percentage point, and most knew what goods were taxable. So, the tax-inclusive price tag didn’t give them new information; it was just that transparent reminders turned some people off.

Possible Preaching Angle:

Jesus never practiced “drip pricing.” He never hid the total costs for following him. It may turn some people off, but he always put the full cost upfront.

Should consumers who worry about the origins of their clothing, coffee, and chocolate focus on a more spiritual item: the Bible? Chances are good that your favorite Bible was printed in China. The over-whelming majority of Bibles sold are printed there, said Mark Bertrand of Bible Design Blog. He said: “A lot of people have misgivings about that. Some of it is, ‘Oh, our Bibles are printed in Communist China.’ Others are concerned about the economic situation, about what conditions these Bibles were produced under.”

The Chinese government’s restriction of Bible distribution is also troubling, said ChinaAid’s Bob Fu. “When brothers and sisters are being persecuted and arrested for their beliefs based on the same Bible, what does it mean to purchase an exported copy that says Made in China?”

China’s only legal printer of Bibles, Amity Printing Company, published its first Bible in cooperation with the United Bible Societies in 1987. Since then, more than half of the 100 million Bibles printed every year have been printed in China (50 million in 2019), making China the world’s biggest Bible publisher.

Printing Bibles is more difficult than printing other types of books, and requires a certain amount of expertise. That’s because of the specialized printing requirements for a complex book such as the Bible. Bibles require thin paper that cannot be fed into standard printing equipment, leather covers, stitched binding, color pages and special inserts such as maps. Most printers outside China do not have the range of facilities to manufacture the same Bibles.

Possible Preaching Angles:

1) Maybe Westerners seeing “Made in China” on their Bibles, can be a reminder to pray for those who made these Bibles. 2) God can use any instrument he chooses to spread his Word, even unbelieving, communist China (Isa. 55:11).

A Wall Street Journal article begins with this story about the increased debt load many Americans are carrying:

Danielle Smith and her family thought they had finally escaped the paycheck-to-paycheck cycle they had fallen into. They saved money during the pandemic while they were stuck at home. They used stimulus checks to chip away at $20,000 in credit card debt and enjoyed a reprieve from monthly payments on their $160,000 in student loans.

Lately, they have been hit with one unexpected expense after another, from an out-of-pocket MRI to a broken water heater. They also took trips with their four children that they had put off because of Covid, including to Walt Disney World, local museums, and the zoo. By 2022, their credit-card debt had doubled to nearly $40,000. Ms. Smith said, “It’s just a never-ending cycle of playing catch-up.”

The article noted that American millennials in their 30s have racked up debt at a historic clip since the pandemic. Their total balances hit more than $3.8 trillion in the fourth quarter, a 27% jump from late 2019. That is the steepest increase of any age group. It is also their fastest pace of debt accumulation over a three-year period since the 2008 financial crisis.

Writing for The Atlantic, Michael Mechanic parsed the findings of the most recent study on the perennial “Does Money Buy Happiness?” question. Recent polling from The Wall Street Journal and the University of Chicago points to a steep decline over the past quarter century in the percentage of American adults who view patriotism, religion, parenting, and community involvement as “very important.” The only priority tested whose perceived importance grew during that period was money.

Researchers definitively found, [in their original 2010 study], that the quadrupling of a person’s income had an effect on well-being roughly equal to the mood boost of a weekend “and less than a third as large as the [negative] effect of a headache.”

The authors also explain that “the difference between the medians of happiness at household incomes of $15,000 and $250,000 is about five points on a 100-point scale.” That’s “almost nothing,” one researcher said. With such a small difference, in fact, one could argue that “there is no practical effect of income at all!”

Possible Preaching Angle:

The origin of the proverb “money can’t buy happiness” has its origins as far back as 1750 in the writings of Rousseau. But even so, people still think that it can.

In 1907, the American Thermos Bottle Company launched a marketing campaign to popularize its vacuum-insulated bottles. They succeeded so spectacularly that “thermos” became a household word. The problem was, by the early 1920s, competitors were using the term “thermos” to describe their vacuum-insulated bottles as well. And so began the battle for the trademark, which included multiple lawsuits, changing the name of the business to the American Thermos Products Company, and launching Thermos-branded tents and stoves in an effort to prove that “thermos” was not a generic word for vacuum bottles. But it was too late. In 1963 a court deemed that the term “had entered the public domain beyond recall.”

Thermos is not the only corporate brand to fall victim to its own success. “Escalator,” “laundromat,” and “zipper” all used to be trademarks. Believe it or not, a company called Sealed Air Corporation still holds the rights to “Bubble Wrap,” Wham-O Inc. owns “Hula Hoop,” and Sony is hanging on to “Memory Stick.” Velcro went as far as producing a music video urging us to refer to generic versions of their product as “hook and loop,” but that’s not going to catch on.

Possible Preaching Angle:

Positive spin: Many words in Christianity have also taken on a “life of their own.” We commonly hear phrases like “it’s the gospel truth,” “it is the company’s mission statement,” and it is “their cross to bear.” This can be an aid to preaching, if we are careful to define what the Bible means by these now familiar words.

Negative spin: We must be careful that the gospel, the cross, and our mission not be watered down by the world hijacking biblical words, redefining them, and robbing them of their original unique spiritual meaning.

Advertising is big business today. There are over 350,995 billboard signs throughout the US (more than any other country.) Google holds about 28% of the online market share, and Facebook controls 24.5%. Enormous amounts of money are spent annually on advertising, YouTube made over $28.8 billion in revenue in 2021.

In the 1970s, the average American saw anywhere between 500 and 1600 ads per day; by 2017, the number increased to 4000-10000 ads daily. Even though we see thousands of ads daily, we notice less than 100 and only remember a handful of ads. There are a lot of messages that are reaching our attention.

Possible Preaching Angle:

While we don’t “advertise” the gospel, Jesus commissioned us to preach the gospel, the most needed message today! We have been commanded to spread the message (Matt. 28:19-20).

The National Highway Traffic Safety Administration (NHTSA) recently issued a voluntary recall for all Tesla cars equipped with the driver-assist technology known as FSD, which stands for “Full Self-Driving.” The technology is branded as a way to turn a Tesla into an autonomous vehicle, which means that it’s supposed to be able to operate itself without human intervention.

Yet, the recall was issued because the NHTSA found a significant pattern of vehicular failures in the FSD software. The report stated: “[FSD] may allow the vehicle to act unsafe around intersections, such as driving straight through an intersection while in a turn-only lane.” It also listed other problematic behaviors, such as speeding, rolling through stop signs, and running yellow traffic lights “without due caution.”

Notably, there is no similar FSD recall in the European Union, because Tesla hasn’t received the green light to offer it there. Tesla CEO Elon Musk himself summarized the difference in transatlantic car regulations: “In the U.S. things are legal by default, and in Europe they’re illegal by default.”

For example, in the U.S. if a plane manufacturer is designing a new piece of software, the company must work closely with the FAA to get the go-ahead prior to deployment. But for autos, the U.S. has basically said to carmakers, “You’re good. We trust you.”

Former NHTSA senior advisor Missy Cummings believes that autonomous vehicles should be treated with the same stringent safety requirements as commercial airliners. She said, “Because cars are on the road every day, we think of them as less complex than planes. But cars with autonomy are extremely complex. The amount of code that goes into these systems is phenomenal.”

Industry analysts believe that the dangerous driving behavior of autonomous vehicles are the direct result of the government taking a laissez-faire approach to safety regulation.

Possible Preaching Angle:

When accomplishments are exaggerated and profits are emphasized there is the potential for danger. What is claimed to help, might in fact, be harmful.