If a person consistently chooses to buy TVs instead of food, I think that strongly speaks for mental problems. I don't think it is really expedient to micromanage people, so if they spend their money unwisely and don't see a problem, that's tough luck. At the same time, having infrastructure to help them get back on their feet is important.
Again, I'm not sure about the situation in the US, but here we have public services that can help people go through debt restructuring or private insolvency in the worst cases, as well as offering classes for money management and centres for addictive behavior. This isn't done purely out of humanitarian concerns either, addiction and lack of education are problems that keep people from being productive citizens - and this is expensive for society at large.
>If a person consistently chooses to buy TVs instead of food, I think that strongly speaks for mental problems.
That's not right. We're living in a world like this. When people cite stats that show x% of people living paycheck to paycheck that is almost guaranteed to be due to over-consumption and consumer debt if your household income is above, say, $50-60k/year. At that level, you have over-consume to have nothing left over.
Again, I'm not sure about the situation in the US, but here we have public services that can help people go through debt restructuring or private insolvency in the worst cases, as well as offering classes for money management and centres for addictive behavior. This isn't done purely out of humanitarian concerns either, addiction and lack of education are problems that keep people from being productive citizens - and this is expensive for society at large.