> "well, tough luck - they had the money, and they still couldn't manage, so it's their responsibility to figure it out" - well, that's not really going to work politically.

Why isn't it?

If you have medical emergency - this is where charity kicks in, they will help you.

If you bet it all on red - in this case you have to mow lawns for $20 to eat every day until the next paycheck comes.