> As a society, we do a very poor job giving people that trust or belief.
So, do you address that with pep talks, proselytizing about "meritocracy", and "tough love"; or by actually addressing economic insecurity through safety nets that allow people to make a mistake or two without crashing and burning?
I think it's rational for people to not have trust or belief given our society as it is. So I think we should address the root causes of economic insecurity structurally rather than cheerleading people who have no reason to feel secure.
Empty cheerleading gives us no-doc jumbo loans at sub-prime rates... until the music stops and bad debts are revealed as the bad debts they are.
So, do you address that with pep talks, proselytizing about "meritocracy", and "tough love"; or by actually addressing economic insecurity through safety nets that allow people to make a mistake or two without crashing and burning?