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Why let the politicians and banksters loot the treasury all by themselves? I guess it makes sense to them "share the wealth", since they'll never have the opportunity to buy a home or raise a family?

It doesn't seem to make sense to me to pursue this path as a politician; didn't work out well for Louis XVI and his ilk, nor for the inevitable populist reformers/revolutionaries like Robespierre.

But, I guess the guillotine is quick, if you've gotta go somehow. I wonder if politicians realize that's where the populist desperation resulting from this plan of theirs ends?

For someone without skills or who has a lot of student loan debt but no job, I can understand thew rationale of rolling the dice on low-scale fraud: if you succeed, you make a lot of money and are possibly set for life. If you fail, you go to a comfy dorm jail for 5 or so years, and then when you get out the prison will help arrange employment opportunities (these will not pay well , but it's better than nothing), and alluding to our era of moral ambiguity, sell the story as a Netflix special and go on the podcast circuit. Sure your record will be shot, but it's not like it matters if your prospects were bleak to begin with.