While it is true that the United States does have a safety net to help out those that are impoverished, as well as those that have been laid off, the fact of the matter is that because there is such a significant percentage of Americans that literally live paycheck to paycheck, that far too many of them, are susceptible to their lives becoming unhinged when suddenly they lose their job, and/or are hit with a huge unexpected expense such as for their vehicle having a major repair, or for a medical emergency, which takes their situation which was basically stable, and plunges them instead into a whole lot of trouble.
One of the things that capitalism does to people, is that it encourages people to buy things that not only they don’t really have to have, but also entices them to purchase things that are above their budget and their means, thereby placing them in a precarious position when they are unable to pay what they owe promptly, which thereby hurts their credit, along with having to suffer by paying a very high interest rate for that credit, and additionally they are subject to monetary penalties for being late on their payment.
Indeed, because so many Americans live paycheck to paycheck, it would especially behoove them to be disciplined enough to reduce their expenditures to what is necessary, rather than including in their expenditures that which is desired but not really needed. Unfortunately, though, that goes against the capitalistic way, which seems to thrive upon selling as much as possible, to as many customers as possible per whatever credit conditions that are favorable to the lender, so that they can reap the benefits, pretty much at the expense of the party that is paying for it, all at a higher price to them, because of borrowing costs to do so.
While it could be said that it’s good to be optimistic, and perhaps to anticipate that one’s salary will increase as time goes on, that isn’t necessarily how things are going to go. A valid argument could be made that for a whole lot of people, that isn’t the way that things are going to go, because job security isn’t really there. Also, a whole lot of companies don’t provide a viable pathway for their employees to move into job positions in which the compensation and benefits will be significantly better.
All of the above signifies that while there are many people who are quite willing to work, they won’t necessarily find appropriate work, especially when they need that work desperately. Further to the point, bad decisions about certain purchases don’t just lead to buyer’s regret, but oftentimes lead to more dire consequences. Finally, those who expect nothing untoward will ever happen to them have failed to recognize that bad events happen in the course of most people’s lives, of which those who are well prepared are going to be in a lot better position to deal with such, as contrasted to those who have little or nothing to draw upon, and will often thereby suffer lasting consequences which will hurt them in a whole lot of bitter ways.