Struggling for money?

What are we teaching the young people is it : "Debt is the way of life ,so deal with it." At the time they get there first job they are incourged to get some credit history started,most grap onto credit-cards which we know more the half will never get free of this kind of debt example: young (20 year old works with me) the kid wanted to get some credit started had his parents cosign on car no problem right. Then the hoildays came and he gets jewerly for his grilfriend which the store offers him a credit-card if he spends $150.00 anyway he`s 22 know and has 3 cards maxed (is it his parents fault or just the American way) Maybe it is the peer pressure of  buy this new item that you just can`t live without ($400.00 cell phones) Therefore I belive we need to get the credit rating folks to rewite how you obtain credit. As people struggle to find the money to pay for higher mortgage costs, rising energy and gasoline bills and climbing prices at the supermarket.While the middle and low income file bankrupt,struggle from paycheck to paycheck,Corporate America is raking in record profits. Am I not getting the whole picture? Is there anything we can do to change this? Clowns to the left ... jokers right ... stuck in the middle ... can't take it anymore.