Question
You now have an opportunity to respond to the piece you selected. In this essay, whereas you will: Craft your own thesis about the policy
You now have an opportunity to respond to the piece you selected. In this essay, whereas you will:
- Craft your own thesis about the policy mentioned in the piece you chose;
- Summarize the piece, as you did in the first part (though you may opt to make this summary briefer, as appropriate);
- Defend your thesis using sound logic and at least one economic concept (this should be the bulk of your paper);
- Employ appropriate evidence; and
- Cite your sources, including any new sources you used to craft your argument. Such as another author who go along with your opinion.
THIS IS THE PIECE OR SUMMARY;
Stephanie Kelton has written an in-depth article about a program called the Job Guarantee (JG) Program. The article explains how the program would save money by having the government provide jobs to replace those lost due to a downturn in the economy. The JG program was implemented in Germany by Erhard, who got it up and running within the first year of his presidency and has continued there since. It has been implemented successfully in other countries as well, helping them get through recessions and economic crises. Kelton concludes that this policy could help us in our current situation and provide a win-win situation for all involved.The article discusses the idea of a government-sponsored job guarantee program, which would provide a safety net for workers and help to boost the economy. Kelton argues that such a program would be beneficial for both workers and businesses, as it would provide stability and security for workers, while also ensuring that there is always a demand for goods and services. She also notes that other countries have successfully implemented similar programs, and that there is no reason why the United States couldn't do the same. In the wake of the Great Recession, many economists have called for the implementation of a government-sponsored job guarantee program (JGP). The JGP would provide a jobs guarantee to all Americans who are willing and able to work, with the aim of achieving full employment. There are several potential benefits of a JGP. First, it would help to reduce inequality and poverty, as those at the bottom of the income ladder would be more likely to find employment. Second, it would provide stability in the labor market, as workers would no longer be subject to the whims of the business cycle. Third, it would increase worker productivity
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