U.S. Civilian Corps.
This got me thinking of a conversation I had with my good friend Bruce, where I disputed that FDR's policies, in any way, ended the Depression. And it wasn't the massive spending for the War that did it either.
The Depression ended, or at least the unemployment caused by the Depression ended, when we took tens of millions of men out of the civilian workforce and gave them government jobs--with the Army, Navy, Marines and Army Air Corp.
So what about now? One way to take 3 million people out of the workforce, while simultaneously creating a huge force to build houses for the homeless, clean up parks and roadways, tutor failing children, man affordable day care centers, help at nursing homes and hospitals, run soup kitchens, coach kids' sports--and on, and on, is this-- "draft" every 18-22 year old in America for a year of Civilian Corps. Service.
Pay 'em a thousand a month. House them like an Army. Train them and use them to free up other local government assets, or do jobs we don't have the manpower or money to do.
It would make our kids grow up--too many are horribly immature upon college graduation.
It would pull newcomers out of the market, thus opening up jobs for people who have mortgages, bills, etc.
It could help kids become part of the larger American fabric, just like Army service does.
It could help ease government budget woes--and personal ones (for instance, free day care).
It could provide some useful training for those in specialties or without direction.
Cost? It you say $30,000 per for salary, housing, training, supervision, etc., we're talking $90 billion, or less than one-third of what we've spent on AIG.
Just a thought.