Universal Job Guarantee Program

(Jesse Hermans) #181

The proposal prohibits make/busy work, this is a straw person argument.
Nor is the program going to take any resources away from BI, as it will be funded via expanding the deficit and increasing output. It is highly cost effective relative to benefit it provides to the most disadvantaged in society.

Your experience and ideological biases are meaningless in the face of actual evidence. You are completely ignoring countless empirical studies which demonstrate there are high non-pecuniary costs of involuntary unemployment.
Studies on unemployment and life satisfaction:

Blanchflower, David. 2007. “Is Unemployment More Costly than Inflation?” NBER Working Paper No. 13505.
Blanchflower, David and A.J. Oswald. 2004. “Wellbeing over time in Britain and the USA.” Journal of Public Economics 88: 1359– 1386.
Clark, Andrew E. 2006. “A Note on Unhappiness and Unemployment Duration.” Applied Economics Quarterly 52, no.4: 291-308.
Clark, Andrew E. 2010. “Work, Jobs and Well-Being Across the Millennium”. In E. Diener, J.Helliwell, and D. Kahneman eds. International Differences in Well-Being. Oxford: Oxford University Press.
Clark, Andrew. E. and Andrew Oswald. 1994. “Unhappiness and Unemployment.” Economic Journal 104: 648-659.
Clark, Andrew E, Yannis Georgellis and Peter Sanfey. 2001. “Scarring: The psychological impact of past unemployment.” Economica vol. 68, no. 270: 221-241.
De Neve, Jan-Emmanuel and George Ward. 2017. Happiness at Work. Said Business School Working Paper 2017-07. University of Oxford.
Lucas, Richard, Andrew Clark, Yiannis Georgellis & Ed Diener. 2004. “Unemployment Alters the Set Point for Life Satisfaction.” Psychological Science 15, no. 1: 8-13.
Nordt, Carlos, Ingeborg Warnke, Erich Seifritz and Wolfram Kawohl. 2015. “Modelling Suicide and Unemployment: a longitudinal analysis covering 63 countries, 2000-11.” The Lancet, Psychiatry 2, no. 3: 239-245.
Sadava, Stanley, Roisin O’Connor and Don McCreary. 2000. “Employment Status and Health in Young Adults: Economic and Behavioural Mediators?” Journal of Health Psychology, 5, no. 4: 549–560.
Van der Meer, Peter & Rudi Weilers. 2013. “What makes workers happy?” Applied Economics 45, no. 3: 357-368.
Winkelmann, Liliana and Rainer Winkelmann. 1998. “Why are the unemployed so unhappy? Evidence from panel data.” Economica 65: 1-16. - “The non-pecuniary effect (of unemployment) is much larger than the effect that stems from the associated loss of income.
Young, Cristobel. 2012. “Losing a Job: The Non-Pecuniary Cost of Unemployment in the United States.” Social Forces 91, no. 2: 609:634


(Jesse Hermans) #182

Which is why there is no central planning in the proposal. Jobs will be decided at the most local level by communities, not bureaucrats in Canberra. Only the funding comes from Federal Government.

(Jesse Hermans) #183

Job Guarantee policy is ready for public review:

(Andrew Downing) #184

Hey Jesse, nice job.
Didn’t find a single thing to object to.
Loved the use of ‘precariat’.