Hating the system is okay tho. Like with a lactose intolerance, some people just struggle to make sound financial decisions and are vulnerable to get indebted for life, and it gets abused. Some people are born into poverty, and they can't meet these standards of life we have without another loan, and it gets abused. Finance is all about abuse. We can put another joke at expense of the person who are, like a gambling addict, put it onto themselves for having an expensive thing they don't even need, but in the end we know that there are long-living businesses that survive by inventing new kinds of how to abuse and gaslight a person into thinking it's nothing. It's like shaming someone for drug abuse being in a crack neighborhood. Personal agency is under the question, when it's constantly challenged by showering ads and unrealistic lifestyle models.

It's better to propose celebrating one's financial freedom and independence, starting to value it on it's own, knowing you'd lose it in an exchange. Not punching down, nor normalizing being in debt. More like treating it like a drinking binge - we can all understand if a person shows up hungover after a tragedy, we can show empathy to cheer them up, but nevertheless it progressively ruins their lives and should be taken care of for their own happiness and health. Just like alcohol denies you whole hours of your day, debt denies you wage you works hard for every day, it's just like you slave yourself off here for nothing, like there's a hole in your pocket that Mr Piggy knows how to reach, like you work not for yourself but for them and their wealth.

It should be normal to be vocal about how it's fucking great you can move places, change things without that anchor staying in your back and dragging you down. Be proud to be free. And having a party over finally paying them down.

It's like no one felt fancy having their first-ever paycheck. All these opportunities you can have for some dead presidents, mmm. Having them all for yourself once more, even minus bills, should feel like a second birthday.

I mean, what are people gonna do?

Starve or put $1k on a credit that will take 5k to eventually pay off?

A cynic would say the main reason Biden only did $600 in COVID relief is lots of the parties donors invest heavily in debt. It's hard to beat 20% interest when you're the one collecting it. There's no greater investment opportunities, but the game is over if everyone has enough to live off of.

Even just them paying some of it down early drastically reduces their profits long term. If every American just geot another 1k and paid down credit cards, it could be billions of lost interest.

The article says there's almost a trillion of it by now. It's an absolutely mind boggling amount of money we're talking about. Throwing a couple million to both parties is comparitively nothing to what they're making.

What's to stop people from borrowing money and waiting until they die?

Forfeitures. Credit ratings.

I guess nothing. Make things cheaper.

Predatory business practices.

Predatory capitalism happened. And a system of society that doesn't afford everyone an equal opportunity to take advantage of such a system.