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American UnemploymentPast, Present, and Future$
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Frank Stricker

Print publication date: 2020

Print ISBN-13: 9780252043154

Published to Illinois Scholarship Online: January 2021

DOI: 10.5622/illinois/9780252043154.001.0001

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Real Full Employment

Real Full Employment

Where Capital Fails, How Government Can Succeed

(p.173) Chapter 8 Real Full Employment
American Unemployment

Frank Stricker

University of Illinois Press

The chapter argues that deficit spending is useful but scattershot tax cuts are not very effective. Rich people and business owners often do other things with new money than create good jobs. Government should directly create jobs in the public, nonprofit, and private sectors. An umbrella program, such as the proposed Humphrey-Hawkins 21st Century Full Employment and Training Act, must guarantee jobs for all and especially for people in distressed communities. Specific focuses include infrastructure repair, more subsidies for weatherizing low-income dwellings and enlarging Head Start, money for wind farms, affordable housing, and bolstering the Affordable Care Act, which has been a job creator. The chapter uses opinion surveys and analyzes Democratic and Republican values to weigh support levels for programs that guarantee full employment.

Keywords:   deficit spending, infrastructure, tax cuts, wind farms, good jobs, full employment, affordable housing, Affordable Care Act, Head Start, weatherizing

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