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Keep in mind that, under many current programs, you are not allowed to have savings. If you do not use all of your welfare money, then you get your benefits cut
by st3v3r 10y ago
Keep in mind that, under many current programs, you are not allowed to have savings. If you do not use all of your welfare money, then you get your benefits cut. If you have too much in your savings account, then you get your benefits cut. So it's not so simple as to say they have difficulty managing money, it's that they are not allowed to do many of the things you'd associate with successful money managing.
- azernik 10y agoUnder many current basic income programs, or just under other welfare programs? My impression of basic income schemes is that they are universal - they don't care if you're a millionaire, you still get your $30K per year.
- imtringued 10y agoIf that's the case how do they expect anyone to get out of poverty?