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posted by takyon on Friday May 22 2015, @12:00PM   Printer-friendly
from the withdrawal-symptoms dept.

The Washington Post reports:

A dollar bill is a special kind of thing. You can keep it as long as you like. You can pay for things with it. No one will ever charge you a fee. No one will ask any questions about your credit history. And other people won't try to tell you that they know how to spend that dollar better than you do.

For these reasons, cash is one of the most valuable resources a poor person in the United States can possess. Yet legislators in Kansas, not trusting the poor to use their money wisely, have voted to limit how much cash that welfare beneficiaries can receive, effectively reducing their overall benefits, as well.

The legislature placed a daily cap of $25 on cash withdrawals beginning July 1, which will force beneficiaries to make more frequent trips to the ATM to withdraw money from the debit cards used to pay public assistance benefits.

Since there's a fee for every withdrawal, the limit means that some families will get substantially less money.

 
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  • (Score: 1) by nitehawk214 on Friday May 22 2015, @02:22PM

    by nitehawk214 (1304) on Friday May 22 2015, @02:22PM (#186463)

    Also stores don't want to have to deal in cash, as credit is much less likely to be stolen, and easier to recover if it is.

    --
    "Don't you ever miss the days when you used to be nostalgic?" -Loiosh
  • (Score: 2) by ilPapa on Friday May 22 2015, @05:57PM

    by ilPapa (2366) on Friday May 22 2015, @05:57PM (#186570) Journal

    Also stores don't want to have to deal in cash, as credit is much less likely to be stolen, and easier to recover if it is.

    And why exactly should anyone care what stores want?

    A cashless society is not a free society.

    --
    You are still welcome on my lawn.
    • (Score: 1) by nitehawk214 on Sunday May 24 2015, @09:34PM

      by nitehawk214 (1304) on Sunday May 24 2015, @09:34PM (#187357)

      I didn't say anyone should care. I am just saying that cash is a liability to some types of stores. If people allow them to get away with stopping to accept cash, they would. So people had better make it damn clear to stores to not allow that kind of bullshit.

      --
      "Don't you ever miss the days when you used to be nostalgic?" -Loiosh