Each video this month follows from the previous one. Be sure to check them out in order. These videos are the foundation that Australian Real Progressives builds upon.
Spending creates Income
Income creates Sales
Sales Create Jobs
There are only two sectors that can spend and that’s the Government or Private Sector.
Overall if the Private Sector is not spending then Sales can only come from Government spending
How does the Government Spend? That’s a choice but to get the private sector to spend, a Job Guarantee is one way.
The advantage being it is not just an employment creation program but also a macroeconomic program. It provides full employment and price stability.