(Proverbs 22:7 KJV) The rich ruleth over the poor, and the borrower is servant to the lender.
As much as we might find this offensive it is more than an observation, it is a principle. Being rich implies that you have been successful. Yes, I know that some people are rich because their parents were successful but it is more common for children to squander the wealth of their parents than preserve it. People who get into debt tend to be the ones who have made bad decisions. I know that is true today. I assume it was true then
What kind of bad decisions? An obvious mistake is to use a credit card for something that you really don’t need and can’t really afford. We use credit cards but we are careful to pay them off each month. That in itself is a trap because it puts you a month behind. If there is a sudden downturn in the economy people like us will also be in trouble.
So? Do you want leaders who have been failures or those who have been successful. Let me put it another way, would you want someone who can’t do simple math to be your accountant?