The “Bite-Sized” Explanation of The Job Guarantee as an Automatic Stabilizer

The national government funds the Job Guarantee through deficit spending. The Job Guarantee creates a pool of employed workers outside of the private sector which the private sector can hire from at any time. When the economy is doing well, demand for more goods and services pressures business to increase production. To do that, business[…]

The SNAP Dilemma: “Moochers” or Valid Macroeconomic Policy?

I wish to address the federal government’s food stamp program, SNAP. Generally, in all political debates, SNAP falls under one of two categories, depending on which “team” you support: “It helps the poor” or “lazy moochers”. Factually, both sides miss the point. The debates only result in vicious attacks and the mention of useless “statistics”[…]