Give people money. No strings attached, no questions asked, now, on a large-scale, more or less permanently, forget how much needs to be borrowed to make it happen. So people can fund a working society again. Or else. That’s the big question for America. The rest is noise. Until something along those lines begins to take shape — my answer is simple: Americans made themselves too poor to now afford to have the luxury of a functioning, civilized, modern society. Or is all that a necessity?
- We, collectively, could decide that we will act as an "employer of last resort." The private market for everything will continue to work, just as it always has; however, we, collectively, will pay any person in this country a living wage, if they want to work for us, and we'll find work that they can do, and that will help build and strengthen the nation.
- That work can include (as examples only, and not by way of limitation), planting trees, building public works, providing childcare services, taking care of and fostering community gardens to provide low-cost healthy food, acting as home health aids, providng artistic services, including free public music and public art, building houses that the government will own, and then make available to those who wouldn't otherwise be able to afford a place to live, etc. You get the idea. There is lots of work to be done, and if people need money, they can come work for the community, because we all are, in fact, part of the community.
- That plan will do what haque says needs to be done, and that conventional economists at the Federal Reserve say needs to be done; namely, it "gives people money." It also gets good work accomplished.