SENATE BILL: Job Guarantee Act of 2014 (Failed)

[🐒Gods of Prosperity🔱🐲💸]

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.

[🐒Gods of Prosperity🔱🐲💸]

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.

[🐒Gods of Prosperity🔱🐲💸]

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

[🐒Gods of Prosperity🔱🐲💸]

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.

[🐒Gods of Prosperity🔱🐲💸]

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.

[🐒Gods of Prosperity🔱🐲💸]

NAY