Crt, trust me, I'm not cheering the CC companies. I think that for the most part they're leeches on the bottom of the economy. As I stated, yes, I have a credit card. But I don't use it. And likely never will again, once I really started figuring out how credit works. Eventually the CC company will drop me for lack of use. That doesn't make me the least bit sad.
My comment has more to do with the unintended consequences of the dumb legislators. I think it will be a very good thing for people who do not understand how credit really works, or are simply irresponsible, to have less credit available to them. And yes, I'm basing the assumption that they don't really understand how credit works, or are irresponsible, on their low credit scores. That is a generalization, and I know there are exceptions.
Believe me, I think it's wrong for government to tell the CC companies that they can't charge higher interest rates on people who are a poor risk. (don't like the gov't interference) But I also don't like the CC companies in general on principle.