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?
[ Parent
| on HN ]
If they could find a lender stupid enough to lend to them on those terms, then sure why not?
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