Sanders adviser floats $300 billion plan to give jobs to all Americans

[brooklynite]

The Hill

A senior adviser to Sen. Bernie Sanders (I-Vt.), the front-runner for the Democratic presidential nomination, said a Sanders administration could begin with a $300 billion federal jobs guarantee before pushing for universal health care, one of the Vermont senator’s signature issues.

Stephanie Kelton, who has served as a senior economic adviser to Sanders since his 2016 presidential campaign, told reporters on the sidelines of a National Association for Business Economics meeting that such a program made sense as a first step, Reuters reported.

“I like very much the idea of getting a safeguard in place right away because, like most people, I worry about what happens when the next downturn comes,” she said.

Such a program, Kelton said, would allow Sanders to tackle federal student debt, which would increase economic growth, after which trillions could be allocated to pay for programs such as "Medicare for All" and the Green New Deal.

[Squinch]

1. The unemployment number says those who want jobs have them. The problem

is not the number of jobs, it's the quality of the jobs people have to work.

[bucolic_frolic]

2. This will be great

Sweeping sidewalks and public squares with straw brooms like elderly women in Red Square, Moscow, circa 1977.

All power to the workers!

[frazzled]

3. "And a car in every garage"!

The

[HarlanPepper]

4. Let me go shake the money tree.

Maybe a few hundred billion will fall off the branches.

[Mike 03]

5. And they accuse Bloomberg of trying to buy an election.

Vote for me and I'll...

Give you a job
Make your tuition and student debt go bye-bye
Get you health insurance!

[zackymilly]

6. Do I really need a job if everything is going to be free? n/t