I was particularly struck by the concept of the jobs guarantee.

Currently, "full employment" is part of the dual mandate to the Federal Reserve along with managing monetary policy as relates to inflation.

But managing inflation and money can cause swings in the economy- even now people are saying we may have a recession in order to slow inflation- and a recession means loss jobs typically. The Fed can't do BOTH.

But what if Congress had the mandate for full employment? First, the consumer spending would stabilize if everyone had a job. People who spend during periods of employment then are suddenly out of work now spend far less. Having a jobs guarantee could also eliminate the entire Unemployment Insurance program.

Finally, a jobs guarantee at a liveable minumum wage would raise the floor on wages across the economy.