I can sum up my beliefs about this whole thing with one simple statement: The government, if it does this thing, becomes an “enabler”.
I must add, however, that sometimes an adult child can get himself in so much fincancial trouble that his rich parents can still end up bankrupting themselves trying to “help”. In the long run their help hurts everyone.
Amen, this bailout is just like posting bail. The kids get bailed out of jail right away, and the adults wonder why they do not learn. Buy a kid a nice car and see what happens. Make the kid pay for his own car, he or she will take care of it, because they now know what it takes to get it.