BRYAN CAPLAN
May 7, 2013
Keynesian Bets: What's Out There
May 6, 2013
Keynesian Bets Bleg
May 6, 2013
The Pyramid of Macroeconomic Insight and Virtue
May 2, 2013
A Natalist Provision
May 1, 2013
I Was a Teenage Misanthrope
DAVID HENDERSON
May 5, 2013
John Thacker on Vaccinations and the Sequester
May 3, 2013
Chef Rudy's Virtues Project
May 2, 2013
My take on Reinhart and Rogoff
May 1, 2013
Medicare Kills a Program


It always befuddles me when people make legislations encouraging private firms to do their bidding, but are shocked when there are consequences. Couldn't some government bureau, whose mission was to make finances available for the poor, been established? The old addage, "if you want something done right, do it yourself" comes to mind.
That matches closely to the estimated 30% of US citizens who don't have a state-issued photo ID. Could be difficult to open a bank account without an ID.
Note: You can still drive without a driver's license.
You may have your reasoning backwards. Low income customers avoid banks because of all the fees they charge. If they didn't charge all these fees, they would have no reason to avoid them. It is only now that they have 'cracked down' on them.