Government Is an Expensive Provider

Politicians rely on government to remedy all the ills of a relatively small population, while imposing more socialistic restrictions in that effort.

While the taxpayer/consumer pays dearly for ineffective efforts.

As examples: Borrowers who use credit cards, or take out mortgages and loans, make stupid decisions. Government bureaucrats will tell you we need more regulations and financial product safety. Yet you cannot legislate or regulate against stupidity without consequences. They merely translate into more costly bureaucracy.

Larger print in consumer contracts will surely help. Along with better schools we already pay for.

What government effort actually does is make credit more scarce. And therefore more expensive for those with good and bad credit alike. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)