398 Plastic Nation

“Hi, I’m calling on behalf of Dippity do dah-express to let you know we have a plan for your credit card debt and can probably lower it to 1% interest.” I listened for a few more sentences (our lake house phone is not on a “do not call” list) until he asked me to press one and I realized this lovely, articulate voice was a recording. I was going to let him know in no uncertain terms that we have no credit card debt and have never had credit card debt.

Maybe al-Qaeda won’t bring us down, but plastic cards might. The column headline in the Wall Street Journal this morning was, “As cash fades, America becomes a plastic nation.” According to the article even a 17 year old trash hauler carries a cellphone with a card swiper to record his credit card customers. Speeders can give the cop their plastic, vending machines, subways and charities take plastic. Servicemen are issued plastic and their pay is added to the card. When we took an Alaskan cruise in 2001, all purchases on board were added to a special Princess Cruise credit card. Isn’t it all just too high tech and convenient?

It is so convenient, you get to pretend it isn’t real money. “Consumer debt is expected to hit $838 billion this year, an increase of 6.8% from 2003 and more than double what it was ten years ago.” Eventually, plastic will be phased out since it is really only the number that matters, and that can be linked to you in other ways, like biometrics. You could just as easily, as the technology improves, put yourself in debt with the blink of an eye or a swipe of your finger.