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Episode 107: Modern Monetary Theory The Government as Referee, Player, and Scorekeeper

Words & Numbers

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The Problem With Transition Jobs

Warren: I don't want to undermine the public sector wage structure by taking people at $15 an hour and then putting them in jobs that should right we pay 60 or 70,000. We've created no new federal bureaucracies. You can hire as many of these people as you want but their transition job workers they might not be with you very long. The private sector is probably going to hire them. They're probably going to have friends who work for the companies who are going to recommend them. But in the meantime you can have them, we'll pay for it it's not on your budget. Warren: It's actually been quite instructive and I suspect most of our listeners will

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