4.8 • 1.5K Ratings
🗓️ 31 January 2023
⏱️ 39 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | Some economists at Oxford University have found their way to designing a pilot program |
0:08.2 | for a universal job guarantee, actually the world's first. |
0:12.6 | This idea seemed kind of fanciful a few years ago and now not so much. |
0:20.0 | What the program does is to offer people a job but also to support them and make people |
0:25.6 | better off through the guarantee job. |
0:32.6 | From the home offices of civic ventures in downtown Seattle, this is pitchfork economics, |
0:38.0 | with Nick Hanauer, the best place to get the truth about who gets what and why. |
0:48.8 | I'm Nick Hanauer, founder of Civic Ventures. |
0:52.3 | I'm David Goldstein, senior fellow at Civic Ventures. |
1:01.1 | So Goldie a long time ago, a couple of years ago I think at least, we started kicking |
1:07.2 | around the idea of federal jobs guarantee, basically a way of reforming or transforming |
1:17.4 | our social safety net in ways that was effectively more focused on giving people jobs than |
1:27.6 | just giving them money if they were unemployed. |
1:31.4 | And this was pre-COVID. |
1:33.2 | Yeah, that's right. |
1:35.2 | Back in the before times, we first discussed it on this podcast and it's interesting |
1:43.4 | because the COVID experience was one of massively ramping up unemployment insurance, both |
1:51.4 | increasing benefits and extending it during COVID to keep people from falling into destitution |
1:57.4 | as what 20% of the workforce found itself out of a job, whatever it was, the largest spike |
2:06.7 | in unemployment claims like off the scale like you'll never, it'll, it's like the doping |
2:12.3 | in baseball, you'll always have to have an asterisk for these years, but that's not what |
2:17.1 | they did throughout the world in some places. |
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