But that includes CC debt that’s paid off every month which really shouldn’t count. The amount of debt isn’t interesting, it’s the amount of interest paid on consumer debt that would indicate it’s real value to the economy.

I think the parent is saying that they lose because it’s their tax dollars going to clean up semi purposeful financial irresponsibility. However, such a bailout would essentially be a wealth transfer to people who used BNPL services which is decidedly not rich people or businesses so I wouldn’t be all that angry.