Moon of Alabama — The U.S. Economy Is Down By 50% – Where Are the Job Programs It Needs?

Summary:
Pretty decent economic analysis. I posted the following comment there:Not all Democrats are missing in action on calling for federal support for full employment, already mandated by the Humphrey-Hawkins Full Employment Act of 1978 (15 USC § 3101). AOC and the squad, for example, have proposed adopting the universal job guarantee that is foundational to Modern Monetary Theory aka MMT. Stephanie Kelton, one of the most prominent MMT economists was Bernie Sander's chief economic advisor. The problem is not so much "Democrats" as the Democratic leadership under Clinton, Obama, Biden, Pelosi, the DNC, etc. The US Democratic Party needs an overhaul.— Posted by: Tom Hickey | June 03, 2020 at 23:02 Moon of AlabamaThe U.S. Economy Is Down By 50% - Where Are the Job Programs It Needs?

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