Re: What is Full Employment?

["Forstater, Mathew" <ForstaterM@xxxxxxxx>]

Right Henry (except nobody gets "paid out of tax revenue", but we'll put
that aside).  The only way to achieve zero involuntary unemployment,
etc., is for government to offer a job to anyone willing to work for a
basic public sector wage. So then the question is what kinds of
activities constitute public service employment. I believe a strong
argument can be made that in many cases it may be better to allow
homemaking/child-raising to be a public service job rather than have the
mom or dad working at something else to pay for day care.  A case can
also be made that more affordable and more adequate child care would
take care of the problem.  Ideally, moms and dads would have the option.
A case may also be made that education and training programs also
constitute public service.

The point is that anything less than true full employment should be
unacceptable, and the re-definitions of "full employment" to mean
something else, where millions are involuntarily unemployed,
underemployed, etc., should be off the table.