God's mercy toward humanity does not stem from human righteousness, but rather from His profound recognition of our natural weaknesses and physical limitations. This deep understanding of the human condition is the very reason He readily forgives and removes our sins.
The primary approach among commentators is that God is intimately aware of how human nature is formed [מצודת ציון, אבן עזרא]. He knows that people are instinctively drawn to sin because of animalistic desires and a pursuit of physical comforts ingrained in them from youth. This internal drive is incredibly powerful and moves swiftly to divert the soul from the proper path. In fact, it is nearly impossible for a person to avoid sin entirely without possessing an extraordinary level of inner strength to conquer these urges [רד"ק, מלבי"ם, ביאור שטיינזלץ, מאירי].
God constantly keeps this reality in mind [מצודת דוד, אבן עזרא, מלבי"ם]. The fact that humans are made of dust is understood on several levels. Physically, dust represents the basic elements of the human body, particularly the bones, which share the cold and dry nature of earth [רד"ק, אבן עזרא]. On a spiritual and mental level, this earthly foundation weighs heavily on a person. It creates a natural laziness that makes it difficult to motivate the soul toward good deeds, while simultaneously dragging a person easily toward physical desires [מלבי"ם, מאירי, מצודת דוד]. Furthermore, dust symbolizes the sheer fragility and brevity of human life. Time passes so quickly that by the time a person finally achieves true understanding, the end of their life is already near [רש"י, מאירי].
Offering a unique perspective, another viewpoint explains that this physical reality highlights the immense and deceptive power of the human drive, rather than just serving as a reason for divine pity. God knows that our internal urge to sin is so overwhelmingly strong that even our own awareness of our mortality fails to hold us back. Even when we clearly remember that we are merely dust and are destined to return to the ground, that knowledge alone is not enough to deter us from sinning [אלשיך].