Yves here. I know a lot of readers are basic income fans, but any program is not even going to dimly approach what you’d like to see. As long the odds are of getting a public service program are, they are infinitely higher than getting a universal basic income. For starters, it would be obviously far too inflationary to be implemented. It would either provide for token benefits or be a welfare variant, targeting only very narrow populations. By contrast, a Job Guarantee would not be inflationary because it would add to the output of the economy.
In addition, as […]
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