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See, that’s what the app is perfect for.

Sounds perfect Wahhhh, I don’t wanna
collapsedsquid
collapsedsquid

One thing I keep wondering about is the question of “What’s going to happen in the next economic downturn?“ We’re almost 10 years from the last one, and there are all sorts of possible ways the next one could happen.  Given that we haven’t really recovered from the last one, what’s going to happen after that?  I think it’s in the crisis that the policy for the next economic era is going to made, so what’s it going to be?

collapsedsquid

mitigatedchaos:  Good question.  That’s why I keep chanting “wage subsidies” at all of you.

Yes, the unemployed will be very grateful for wage subsidies.

mitigatedchaos

Combined with a much lower minimum wage, it moves a lot of people from “unemployable” to “employable and making enough money to live off of”.

Others should be covered by some sort of disability scheme (which won’t eliminate eligibility for the wage subsidies).  Children, of course, are to be supported by their parents and the various other child protection systems we need.

At a low enough minimum wage, but with subsidies so the pay is actually reasonable, the economy will find work for these people to do that isn’t digging holes and filling them back up again.

policy