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Modern Money

Learning the Modern Money system, macroeconomics, aka MMT


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Why the Time for a Job Guarantee has Come

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Senexx


Admin

he Job Guarantee’s time has come.

  • It secures a basic human right

  • It tackles at least three key sources of “economic violence and injustice”—unemployment, precarious work, and poverty wages

  • It is good for families, the economy, the environment, and our communities


This policy note discusses aspects of the Job Guarantee (JG) proposal that are less understood.
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[*]JG stabilizes employment

[*]JG is a preventative program, not just a cure

[*]JG breaks the vicious cycle at the bottom of the income distribution

[*]The JG changes the economic odds for poor and middle class families

[*]JG addresses income inequality and drives a stake through current power interests

[*]JG is the missing piece from the social safety-net

[/list]


http://www.global-isp.org/wp-content/uploads/PN-108.pdf

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