How should the government help people that live beyond their means?

Lever: What is government supposed to do to help people that live beyond their means?
I don’t understand what the government is supposed to do for people who did take out huge loans, maxed out their credit cards, took on massive student loan debts they can’t pay off, etc. If somebody keeps spending more than they make, the government can’t do anything about it. Even if government could somehow wipe out all the debt, people would still go back on debt.

If we could just teach people to not get into debt and stop buying stuff you can’t afford, it would really help people in achieving realistic goals that they can live out.

Answers and Views:

Answer by ♑ Aubrey ♑
They should do nothing.

but there is too many entitlement programs to list.

Answer by bmovies60
“What is government supposed to do to help people that live beyond their means?”

Give them free money.

Answer by Carol
Govt should encourage them to take out subprime loans. [Then blame the banks when the financial system crashes]

Answer by bobemac
NOTHING, they should learn from their mistakes all by themselves…

Answer by Giuseppe
The govt screwed up by removing regulations that prevented home buyers from signing loans they clearly couldn’t pay. I bought a house in 1977 when regulations were still in control, my wife and I had to prove our combined take home pay was 4 times the house payment. Removing regulations removed that requirement.

Answer by ?
They will bail them out, if they are part of the elite.

Answer by Ralph T
The government should do nothing,people have to take responsibility for their lives and actions.

Answer by C.O. JONES HAS COJONES
It’s common sense to not spend money you don’t have, but since when has the government been an example of common sense at work?

Answer by Rayne
The government is NOT “supposed to” “help people that live beyond their means”