SENATE BILL: Job Guarantee Act of 2014 (Failed)
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  SENATE BILL: Job Guarantee Act of 2014 (Failed)
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Author Topic: SENATE BILL: Job Guarantee Act of 2014 (Failed)  (Read 1319 times)
Southern Senator North Carolina Yankee
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« on: May 25, 2014, 08:12:29 PM »
« edited: June 02, 2014, 07:36:38 PM by Senator North Carolina Yankee »

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Southern Senator North Carolina Yankee
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« Reply #1 on: May 25, 2014, 08:12:56 PM »

Okay, what is this Senator?
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TNF
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« Reply #2 on: May 26, 2014, 11:29:32 AM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.
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H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
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« Reply #3 on: May 26, 2014, 02:50:25 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.
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windjammer
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« Reply #4 on: May 26, 2014, 03:10:33 PM »

I just have a question
Why 3%, and not 4%, 5%?...

I mean, there will always people who will be unemployed, the time they get a new job: there is always a period  of unemployment, 1 month, 2 month, 3month,...
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Cincinnatus
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« Reply #5 on: May 26, 2014, 03:48:05 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.
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H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
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« Reply #6 on: May 26, 2014, 03:55:19 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.

Where does it say that in the bill (not arguing we should change it, of course, full employment might be a bit of a tricky situation)?
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shua
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« Reply #7 on: May 26, 2014, 04:55:33 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.

Where does it say that in the bill (not arguing we should change it, of course, full employment might be a bit of a tricky situation)?

A "job guarantee" would imply that.
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H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
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« Reply #8 on: May 26, 2014, 04:58:55 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.

Where does it say that in the bill (not arguing we should change it, of course, full employment might be a bit of a tricky situation)?

A "job guarantee" would imply that.

I still don't see any unemployment number but the 3% figure in the bill. I could create, say, a Bureau of Fiscal Responsibility, stock it with my close friends, and steal all the money (which I 110% did not do in the Northeast I swear).
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shua
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« Reply #9 on: May 26, 2014, 05:08:46 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.

Where does it say that in the bill (not arguing we should change it, of course, full employment might be a bit of a tricky situation)?

A "job guarantee" would imply that.

I still don't see any unemployment number but the 3% figure in the bill. I could create, say, a Bureau of Fiscal Responsibility, stock it with my close friends, and steal all the money (which I 110% did not do in the Northeast I swear).

You're right, that's probably a pretty good comparison to what's going on in this bill.
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H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
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« Reply #10 on: May 26, 2014, 05:38:25 PM »

This is a bill to once and for all end unemployment in Atlasia. It guarantees everyone the right to a job, and gives Regional governments discretion in how they spend the money accorded to them to make full employment a reality.

Except for the 3%, of course.

He did say full employment.

Where does it say that in the bill (not arguing we should change it, of course, full employment might be a bit of a tricky situation)?

A "job guarantee" would imply that.

I still don't see any unemployment number but the 3% figure in the bill. I could create, say, a Bureau of Fiscal Responsibility, stock it with my close friends, and steal all the money (which I 110% did not do in the Northeast I swear).

You're right, that's probably a pretty good comparison to what's going on in this bill.

I do like to think I'm friends with the poor and downtrodden.
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TNF
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« Reply #11 on: May 27, 2014, 10:45:36 AM »

3% unemployment is generally agreed upon by economists as being "full employment."
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Oakvale
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« Reply #12 on: May 27, 2014, 11:33:37 AM »

What is the definition of "meaningful work" here?
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Fmr. Pres. Duke
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« Reply #13 on: May 27, 2014, 11:31:08 PM »

Ah, how Stalin-esque Wink
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Adam Griffin
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« Reply #14 on: May 28, 2014, 01:04:17 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.
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shua
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« Reply #15 on: May 28, 2014, 01:08:28 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.

$12.50
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Adam Griffin
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« Reply #16 on: May 28, 2014, 01:11:26 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.

$12.50

So neither of us are GMs anymore, but have you tried estimating what this would cost? I don't see us getting out for under a half-trillion annually under the current proposal (assuming a long-term average of around 12,000,000 people being guaranteed a job).
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shua
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« Reply #17 on: May 28, 2014, 01:32:40 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.

$12.50

So neither of us are GMs anymore, but have you tried estimating what this would cost? I don't see us getting out for under a half-trillion annually under the current proposal (assuming a long-term average of around 12,000,000 people being guaranteed a job).

Each job would be $30K/yr or so, but I don't know how many jobs we are supposed to provide, I'm having trouble imagining how this is supposed to work.  Will the government's proportion of the labor market keep expanding as it attempts to guarantee a good job for every person, and taxes the private sector in order to do it?   Also we'd need to consider the amount of capital investment to provide this meaningful work, whatever it is.
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Adam Griffin
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« Reply #18 on: May 28, 2014, 01:40:31 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.

$12.50

So neither of us are GMs anymore, but have you tried estimating what this would cost? I don't see us getting out for under a half-trillion annually under the current proposal (assuming a long-term average of around 12,000,000 people being guaranteed a job).

Each job would be $30K/yr or so, but I don't know how many jobs we are supposed to provide, I'm having trouble imagining how this is supposed to work.  Will the government's proportion of the labor market keep expanding as it attempts to guarantee a good job for every person, and taxes the private sector in order to do it?   Also we'd need to consider the amount of capital investment to provide this meaningful work, whatever it is.

My calculations had it closer to $50k (the proposal states that it's a minimum of $22.50/hr), assuming full-time employment. And yes, these are obviously just labor costs.
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TNF
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« Reply #19 on: May 28, 2014, 10:11:17 AM »

What is the definition of "meaningful work" here?

That would be left up to the Region in question to decide.
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shua
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« Reply #20 on: May 28, 2014, 10:50:01 AM »

What is the current federal minimum wage? I can't remember if we dropped it last year, or if that was just an amendment that allowed each region to lower the minimum wage to a certain point.

$12.50

So neither of us are GMs anymore, but have you tried estimating what this would cost? I don't see us getting out for under a half-trillion annually under the current proposal (assuming a long-term average of around 12,000,000 people being guaranteed a job).

Each job would be $30K/yr or so, but I don't know how many jobs we are supposed to provide, I'm having trouble imagining how this is supposed to work.  Will the government's proportion of the labor market keep expanding as it attempts to guarantee a good job for every person, and taxes the private sector in order to do it?   Also we'd need to consider the amount of capital investment to provide this meaningful work, whatever it is.

My calculations had it closer to $50k (the proposal states that it's a minimum of $22.50/hr), assuming full-time employment. And yes, these are obviously just labor costs.

Our labor laws strongly disincentivize employment above 32 hrs/week, so more like $40k.
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Southern Senator North Carolina Yankee
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« Reply #21 on: May 28, 2014, 07:58:58 PM »

$480,000,000,000 at $40,000 each

I could put it in maroon if you prefer, no extra charge. Tongue
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TNF
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« Reply #22 on: May 29, 2014, 12:40:16 PM »

Sounds fairly reasonable to me. Any funds we need to raise for the program can be raised by taxing the hell out of the parasites at the top, or alternatively by taking over the banking industry and having full democratic control over our currency, thus printing what we need when we need it to satisfy our needs.
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Southern Senator North Carolina Yankee
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« Reply #23 on: May 29, 2014, 06:38:10 PM »

We already can print however much we need, the problem is that you cannot force people to take it as the same value afterwards. Tongue
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Lumine
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« Reply #24 on: May 29, 2014, 08:57:49 PM »

Seriously? I could spend quite a good amount of time attacking the Senator for that use of language (parasites?), but I feel I have to ask to the Senate as whole: Are we really going to spend almost 500 billion on this? Our entire budget is like 3.500 billion, and we are already spending 1.000 Billion in the Health Care mess alone.

I for one am not willing to destroy the banking system and sacrifice our economy for the sake of such an impractical bill.
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