Those people getting "bailed out" will just get endebted again. It's like hiding a drug addict's drug (in a minuscule scale, they're talking about 50k-1 million $ worth of debt...), the addict will just find a way to get some more.
I don't think it's a bad idea as a symbolic gesture but it's just another form of kicking the can down the road...
"If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom — go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, an
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