FED PILOT Project for JOBS

FEDERAL RESERVE PILOT PROJECT

Keynes Economic Engine Experiment

Janet Yellen is new CHAIR of the FED, and an avid scholar of John Maynard Keynes.  Keynes’ economic cure for continuing recessions is clear. When Corporations are afraid to hire, Government must be the employer of last resort.  In California, there are over 1.3 million unemployed.

We propose employing a FED PILOT sample of 200K jobs. This small a sample should not raise reasonable inflation fears. Yet, California could provide a vibrant model for all Cities in America.

100,000 Jobs to rebuild our Infrastructure.  We need also to hire more Women and Youth, who are often forgotten.    

25,000 ASST. TEACHERS.   Our schools have faced traumatic cuts.

25,000 NURSE ASSTS.  Low hospital Ratios pose acute danger to patients.

25,000 YOUTH HIRES.   Job training: computers for our inner city.

25,000 SENIORS to help other Seniors, and or Children.

To achieve these goals a BLUE RIBBON PANEL should meet with Chair Janet Yellen.  This Panel could consist of our uniquely very popular Mayor, Eric Garcetti, Council Member Mike Bonin, and Congress Members from the U.S. Congressional Progressive Caucus.

The injection of the these Jobs and salaries into the Southern California Economy will spark a consumption revival.  It could lead our entire sputtering Nation into a real recovery.

William Floyd, FED PILOT PROJECT

These are the strongly held convictions of 2500 + Democrats on the Westside (WLA, Brentwood, Westwood, Pac Pal, Palms, Mar Vista, Venice, MdR, PdR)

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