News for hackers. Stuff that matters.
Re:Basic Income: Unintended Consequences by bsbechtel on Monday February 15, 2016 @07:38PM (#11107134)
So in addition to $12,000 a year from the government, someone could borrow from lenders and never pay it back?
Re:Basic Income: Unintended Consequences by dagw on Monday February 15, 2016 @07:40PM (#11107149)
If they could find a lender stupid enough to lend to them on those terms, then sure why not?
Re:Basic Income: Unintended Consequences by phaer on Monday February 15, 2016 @07:41PM (#11107156)
No, because almost nobody would be lending money to people who have nothing to secure the loan beside their basic income.
Re:Basic Income: Unintended Consequences by emp_zealoth on Monday February 15, 2016 @08:02PM (#11107256)
Which would be a good thing because those people can not afford the credit anyway