We now live in a society where more debt is the “solution” to everything:
Can’t afford basic necessities? Take on more debt.
Can’t pay your tuition? Take on more debt.
Can’t afford to buy a home? Take on more debt.
Can’t keep inflation under control? Take on more debt.
Can’t run the government efficiently? Take on more debt.
There’s a reason why consumer sentiment is now below 2008 levels.
Our society is drowning in debt.