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A universal jobs guarantee is the bold new solution for how to bring back all the workers sidelined — Allana Akhtar

Summary:
Pavlina Tcherneva, a Bard professor and one of the economists pioneering research into Modern Monetary Theory, said federally guaranteed jobs may address poverty and help communities better than universal basic incomes. The coronavirus pandemic wiped out millions of jobs, and one report estimated that 17.6 million unemployed Americans may not return to their pre-pandemic jobs. Tcherneva said guaranteeing a public service job could lead to improvements on community-wide issues like public health and access to food — while eradicating unemployment completely.  Business Insider A universal jobs guarantee is the bold new solution for how to bring back all the workers sidelined ... Allana Akhtar

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  • Pavlina Tcherneva, a Bard professor and one of the economists pioneering research into Modern Monetary Theory, said federally guaranteed jobs may address poverty and help communities better than universal basic incomes.
  • The coronavirus pandemic wiped out millions of jobs, and one report estimated that 17.6 million unemployed Americans may not return to their pre-pandemic jobs.
  • Tcherneva said guaranteeing a public service job could lead to improvements on community-wide issues like public health and access to food — while eradicating unemployment completely. 
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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