RJ: “Job Guarantee”. I wish MMT would drop this. It’s nonsense and unnecessary. Creating pointless low paid jobs just because.
Bill: There is much more to the JG than “creating pointless low paid jobs”.
Further, who said anything about ‘pointless’ jobs anyway.
Me: Why not integrate a job guarantee and a universal dividend that guarantees a middle class lifestyle thus giving those people who have personally uninteresting or stultifying jobs the option to quit or reduce their time on the job to say 16-20 hours/week…and then spreading the rest of the hours around to whomever wishes to have them?