tag:blogger.com,1999:blog-8498743.post9116090105343633603..comments2024-01-20T12:57:30.117-06:00Comments on Whiskey, Tango, Foxtrot - over.: The American wealthy class is mostly parasitic on the people who actually create valueUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8498743.post-39974296769089707272010-08-23T04:16:50.426-05:002010-08-23T04:16:50.426-05:00A Jobs Guarantee of work for anyone at minimum wag...A Jobs Guarantee of work for anyone at minimum wages would provide the logical extension of automatic stabilisers for the economy putting a floor under demand, just as there is a floor under finance.<br /><br />There is no need to borrow the money as a fiat sovereign government can simply create the money.<br /><br />In the UK I roughly calculate this would cost 2-4% of the economy. At a time of massive un/deremployment of labour and capital, this is unlikely to push prices up by much.<br /><br />Check out the ideas in more detail here...<br /><br />http://bilbo.economicoutlook.net/blog/WillORNGhttps://www.blogger.com/profile/03759801640058517521noreply@blogger.com