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A Full Employment Act for the 21st Century

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A Full Employment Act for the 21st Century

Post by Guest on Mon Mar 14, 2011 10:40 am

The Employment Act of 1946 was amended as the Full Employment and Balanced Growth Act of 1978. The original and amended versions are commonly referred to as the "Full Employment Act." Among other things, the Full Employment Act calls for "full employment and production," "increased real income," and "balanced growth." By "balanced," Congress was calling for economic growth under conditions of general equilibrium. This means an economy growing in concert; an efficiently allocating, circular flow of money with no big eddies of unemployment.


http://www.huffingtonpost.com/brian-czech/a-full-employment-act-for_b_833754.html

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Re: A Full Employment Act for the 21st Century

Post by Guest on Mon Mar 14, 2011 11:15 am

This sounds like an interesting idea. I have not seen anyone write this legislation yet.

"We need to draw up a Full and Sustainable Employment Act, which will have the advantage of a useful acronym, "Full SEA." Soon enough it will be known as the "Full Seas Act" to remind us that the "rising tide lifts all boats" metaphor is officially defunct. There's no more water to rise the tide, and only so many boats can fit."

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Re: A Full Employment Act for the 21st Century

Post by Jobless_in_Ma on Mon Mar 14, 2011 5:51 pm

bounce

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Re: A Full Employment Act for the 21st Century

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