At some point between steps 4 and 5, shouldn't the government say, "maybe y'all shouldn't have leveraged yourselves so much; debt is inherently bad, and we won'

At some point between steps 4 and 5, shouldn't the government say, "maybe y'all shouldn't have leveraged yourselves so much; debt is inherently bad, and we won't bail you out this time; figure this out; and don't rack up so much debt next time"? This addiction to debt has got to stop, and unfortunately it sometimes takes cold, hard pain for some to learn a lesson.