[inbox-demon]

While there are people using credit cards to cover expenses when there is no other option, I'm not sure how well it holds as a reason against legislation aimed at increasing competition with alternatives. That problem should be solved via the competing alternatives, especially considering how predatory these cards are for low income people in the first place.

[TimPC]

The problem is credit cards have used manipulative terms of service to force users of all other payment methods to subsidize the cost of credit card use. They’ve then driven up credit card usage by giving consumers rewards for doing so. As they’ve done so fees have gone up and with them the size of the subsidy had as well.