(04-15-2020, 11:38 AM)The Real Marty Wrote:

(04-15-2020, 11:18 AM)flsprtsgod Wrote: Health care organizations received a grant from the government over the weekend because of CARES ACT funding. The rules around the grant specify the applications for the funds, if the recipient doesn't use it appropriately it must be paid back. Not significantly different than requiring the CC companies to lower interest rates for a while in exchange for cash flow now. If the money is being paid out then the lender or grantor has a stake and claim to how it's used. As they say in Goodfellas, "[BLEEP] you, pay me."

But the benefit of the lower interest rate goes to the people who carry credit card debt.  People who are responsible and do not carry credit card debt do not get this benefit.  In addition, the size of the benefit depends on the size of the debt.  So the more credit card debt you are carrying, the greater the benefit.  Why should the government subsidize people who are irresponsible?