Does mine eyes decieve me?

Daniel Gross at Slate is incredulous that Americans are actually paying down their credit card debt in response to increasing interest rates. Could it be? Consumers actually responding to changes in incentives as if they make their financial decisions with some semblance of rationality?

I must say you can also color me surprised, if pleasantly so. Like witnessing a pack of lemmings preternaturally change directions at the ragged edge of disaster.

-- Battlepanda