Explain the Jobs Guarantee as described by Bill Mitchell and Pavlina Tcherneva in videos 1 & 2 above. Make sure to describe the idea of the buffer stock, how the jobs guarantee is said to interact with the business cycle, why it is proposed as a macroeconomic stabilizer, and what kinds of employment are proposed.

video 1: https://www.youtube.com/watch?v=KSw0ROvM6QM video 2: https://vimeo.com/83813741