Work for everybody who wants it? Policymakers reconsider a federal job guarantee.
When it comes to government intervention in the economy, political parameters have shifted.
On the left, there is a sense of opportunity to experiment with the unconventional, Eduardo Porter reports for The New York TimesWith some policymakers, the idea of having a federal government directly employs whoever wants to.
The question is whether the Biden administration will adopt a policy not implemented since the New Deal?
On paper, at least, there would be a considerable slowdown in a job guarantee, as the government removed workers displaced by the economic downturn. But President Franklin D. of employing millions of displaced by the Great Depression. Unlike Roosevelt’s programs, the idea is no longer just to remove unemployment, but also to improve jobs in good time.
If the federal government offered jobs on health insurance above $ 15 per hour, it would force private employers who wanted to hang onto their work force to pay less. A federal job guarantee “sets the minimum standard for work,” said Daric Hamilton, professor of economics at the new school for social research