That's the simple excuse, sure. But I think it has to do more with people not learning how to handle what money they have. Just because you CAN get credit, doesn't mean you SHOULD get credit. Borrowing money to buy a car so you can get to work is one thing. Borrowing money to buy a jet-ski is something else again. Buying necessities on credit may be necessary sometimes. Buying luxury items on credit is a bad way to go.
I just don't understand the mentality of those who want the rich to give them money. I'm not saying that there aren't crooked people out there, but there are a lot of people who have earned what they have through hard work. NOT by standing around protesting people who DO the work.