Your picture of people on welfare seems a bit rosy
Does it? I didn’t say it was a good thing.
You think everyone has credit cards?
I don’t need the premise that everyone has credit cards to support the conclusion that some people on welfare do. I hear news stories about it.
It is, of course, possible to make GBI, to use a legal term, “non-garnishable” meaning it cannot be collected to satisfy a judgement against a person. But that would make it impossible to use it as collateral for a loan to buy equipment, for example.
But you could set a non-garnishable component that is less than the whole GBI. I am still not seeing a novel problem.
I’m not saying there is a novel problem. I’m saying there are old problems that GBI does not magically solve, mostly revolving around the very old observation that a fool and his money are soon parted.
Does it? I didn’t say it was a good thing.
I don’t need the premise that everyone has credit cards to support the conclusion that some people on welfare do. I hear news stories about it.
But you could set a non-garnishable component that is less than the whole GBI. I am still not seeing a novel problem.
I’m not saying there is a novel problem. I’m saying there are old problems that GBI does not magically solve, mostly revolving around the very old observation that a fool and his money are soon parted.
Did anyone say it solved those problems?
Penicillin doesn’t cure the common cold either.