By Steven Attewell
This Labor Day, many people no doubt gave thanks for the low unemployment rate (while perhaps bemoaning wages that aren’t keeping up with inflation). Yet at the same time, at many Democratic Party Labor Day BBQs, presidential candidates and other elected and activists touted proposals for a job guarantee to ensure full employment.
What explains this seeming contradiction? Part of it is that low unemployment doesn’t seem to be resulting in the wage gains that it used to. Part of it is that progressives want to be prepared for the next recession, so that we don’t have to wait years and years for full recovery. Part of it is that progressives want some way to appeal to working class white voters without throwing people of color under the bus.
This sudden flood of proposals on job guarantees has provoked a lively discussion on the merits of these proposals. One of the common refrains in this debate is a skepticism about whether the Federal government could employ so many people so soon. Continue reading Debating the Merits of a Job Guarantee