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> suspend debt payments and interest growth? You could do this with the major banks and associations, but poorer Americans are already unbanked and have no ava
by smileysteve 7y ago
> suspend debt payments and interest growth?
You could do this with the major banks and associations, but poorer Americans are already unbanked and have no available credit.
In addition, where a major component of our economy is housing and that's a major concern; there are many private landlords that depend on that income; targeting just landlords with a credit would require an entire amdministration.
One of the goals of UBI is it cuts the bureaucracy. Instead of a person or group of people deciding who benefits how, it goes to everybody indiscriminately.