 "Need work? Maybe that's a job for government")
The other day, New Jersey US Senator Cory Booker proposed a federal program guaranteeing a job for anyone who wants one. It’s an idea that sounds a lot more radical than it is. If properly implemented, a job guarantee could be a good way of both fighting recessions and getting more Americans into the workforce in the long term.
Economist Adam Ozimek, writing in Forbes, wasn’t a fan of Booker’s plan, calling it “absurd” and “insane”:
Corey (sic) Booker’s proposal is clear that [government-provided jobs] should pay $15 an hour with benefits. Another recent proposal suggests [a yearly salary of] $24,600…According to
