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[Pen-l] Sandwichman's KEYNESIAN stimulus plan
- To: "PEN-L list" <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: [Pen-l] Sandwichman's KEYNESIAN stimulus plan
- From: Sandwichman <lumpoflabor@xxxxxxxxx>
- Date: Fri, 5 Dec 2008 21:43:45 -0800
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The concept of the Sandwichman's stimulus plan is extremely simple: a
basic income guarantee of $145.68 a week combined with a voluntary
annual cap on hours of work at 1,600 hours. The rationale for this
approach is that this is not your grandfather's depression. The nature
of work has changed. It is not feasible to continue treating the
environment as if it was an economic "externality". Historical
evidence and real economic theory (as opposed to textbook lore)
support the strategy outlined in the Sandwichman plan.
12.5 million jobs for $1 trillion.
For the plan and back-of the envelop calculations
http://econospeak.blogspot.com/2008/12/sandwichmans-keynesian-stimulus-plan.html
--
Sandwichman
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- Thread context:
- Re: [Pen-l] Donald Trump Sees Act of God in Recession, (continued)
- [Pen-l] sign of the Times,
Jim Devine Sat 06 Dec 2008, 20:54 GMT
- [Pen-l] Wendy and Lucy,
Louis Proyect Sat 06 Dec 2008, 16:36 GMT
- [Pen-l] Jon Stewart explains use-value,
Charles Brown Sat 06 Dec 2008, 12:46 GMT
- [Pen-l] Sandwichman's KEYNESIAN stimulus plan,
Sandwichman Sat 06 Dec 2008, 05:19 GMT
- [Pen-l] Radio Interview Today,
michael perelman Sat 06 Dec 2008, 04:20 GMT
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