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Jobs, Money, Debt: Economic Common Sense (Episode 8: Sustainable Prosperity)
“Job Guarantee activities can be designed so as to pollute less, and use fewer exhaustible resources. Even if the JG activities performed no explicit environmental
“Job Guarantee activities can be designed so as to pollute less, and use fewer exhaustible resources. Even if the JG activities performed no explicit environmental
“The idea that there must be a trade-off between full employment and price stability has been thoroughly refuted theoretically, empirically, historically. With modern money and
“The Job Guarantee program provides full employment without the structural rigidities normally associated with high levels of employment and capacity utilization. With the JG, there
“When there is high unemployment, job security is low. This can affect worker productivity. When people are out of work, their skills have been shown
“The government budget deficit is just accounting information. It tells us how much the non-government sector wants to net save in assets denominated in the
“The social security question is not about money, it is about whether in 75 or however many years in the future, the working population at
“As monopoly issuer of the currency, the State could not collect any money from the public in payment of taxes unless it had first spent
“Training becomes a way of avoiding the issue of unemployment… The orientation should be ‘Jobs first, training later’. Unfortunately the jobs policy of the federal