A Permanent Jobs Program for the U.S.: Economic Restructuring to Meet Human Needs
AbstractThis paper proposes a jobs program to address both the chronic problems of unemployment and underemployment in the U.S. economy and the debilitating economic and political impacts of growing inequality in the U.S. The jobs program consists of three parts. First, the reduction of unemployment and underemployment by stimulating output, either under public or private auspices, of infrastructure, or social investment, in areas such as: transportation, education, health care, human services, and parks. Second, to recognize and respond to the failure of the private market to provide needed current public services, which will include a massive upgrading of pay and working conditions of these “human service” jobs by expanding public employment, sharing the costs of an enhanced and expanded social safety net. Third, to, explicitly and as a matter of industrial policy, target government investment and overall job growth towards the industries of the future, particularly in the areas of energy, agriculture, and other broadly defined “green” technologies. Copyright Springer Science + Business Media, LLC 2012
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Bibliographic InfoArticle provided by Springer in its journal The Review of Black Political Economy.
Volume (Year): 39 (2012)
Issue (Month): 1 (March)
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- Carmen M. Reinhart & M. Belen Sbrancia, 2011.
"The Liquidation of Government Debt,"
NBER Working Papers
16893, National Bureau of Economic Research, Inc.
- Michael Isaacson & Aleksandre Revia & Enrique Lopezlira & Jassmine Gaines, 2012. "Jobs and the Future of the US Economy: Possibilities and Limits," The Review of Black Political Economy, Springer, vol. 39(1), pages 5-28, March.
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