@John Smythe
Yeah, people can "clean up their debt" and maybe even manage to save some money, but this will not solve the economic problems. In fact, if consumer spending drops substantially like you advocating for, the economy will take a huge hit. The political economy merry-go-round is dysfunctional. Hitting the reset switch (i.e. kicking the can down the road) is not a solution. Fundamental systemic change is needed and I do not see one politician that has the courage and/or knowledge stepping up.
