"Quitting is always an option"

I always said that until the 2003 downturn. Things can change very quickly.

No. This is horribly, horribly naive. Not everyone is in the position where they can just up and quit like that. Does that mean those people should get fucked over?

Should? Hard to answer and not too practically relevant.

It is certainly why they are getting screwed though. People should aggressively save, so they are treated properly.

People also sometimes willingly make themselves exploitable, through their own fault, by adding tons of debt and liabilities (children, houses, vehicles) into the equation. One would be a fool to think people aren't looking at those to assess your risk tolerance

"Should? Hard to answer and not too practically relevant."

Considering that's kinda what you're arguing for when you say that they should just quit, yes, I would consider it relevant.

"People also sometimes willingly make themselves exploitable, through their own fault, by adding tons of debt and liabilities (children, houses, vehicles) into the equation. One would be a fool to think people aren't looking at those to assess your risk tolerance"

No. The fault for exploitation is ALWAYS entirely on those doing the exploiting. Always. They are the ones actively choosing to fuck people over.

Those people should not get fucked over but they should also not be compensated for taking risk.