Re: ELR propositions

[Warren Mosler <mosler@xxxxxxxx>]

Bernard Girard wrote:
>
> Answering my question about ELR :
> >> 2) We buy and sell skills on the labour market. What skills would produce
> >> the state in his role as an employer of last resort?
> Warren B. Mosler wrote :
> >I don't quite understand this question.
>
> I'll try to explain what I meant.
> - If we want people to move quickly and easily from ELR jobs to "usual"
> jobs, they must have skills that are useful,
> - The quality of their skills will depend on the jobs performed on ELR
> program. Digging holes does not build skills.
> So comes the question : what will do the people on these ELR jobs?

Of course that is up to the political process.  But as Randy pointed
out, at least they will be required to show up on time and spend the
day on the job, presumably clean and sober.  This should prevent some
of the depreciation of unemployment.  At best the elr pool could
perform usefull, productive tasks, and even undergo training, etc.

>
> Bernard Girard
> <bgirard@xxxxxxxxxxxxxxxxxxx>

--
Warren B. Mosler
Director of Economic Analysis
III Finance

See:

"Soft Currency Economics"
=========================
And related documents:

http://www.gate.net/~mosler/softecon.htm