Leveraging one's credit to accelerate their standard of living growth doesn't make an economic culture bad implicitly. People who leverage themselves too far an

Leveraging one's credit to accelerate their standard of living growth doesn't make an economic culture bad implicitly. People who leverage themselves too far and fail to pay it back do. Some people are trusted with credit more than they should be (empirically speaking), while other more reasonable people are misled by systemic incentives (e.g. home appraisals). The system isn't perfect, but in historical context, nothing has ever been better. I find it unlikely that public figures whose day job is to complain without offering solutions are capable of improving anything. We stand on the shoulders of giants; ancestors that were more thoughtful then us. We shouldn't reject the foundation they laid so willingly.