Do We Need A “Federal Job Guarantee”?
February 11, 2017
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A group of academics has published an article in the socialist publication Jacobin in which they advocate for a "federal job guarantee." This proposal entails a guaranteed minimal income of $23,000 per year and "rising to a mean of $32,500" to people who do not have jobs. This money would come, of course, from tax payers who do have jobs, most of whom can ill-afford the tax burden this "spread the wealth" scheme entails.
This idea has been batted around by socialists (and communists) for decades and is again rearing its ugly head.