News
Harvard Medical School Cancels Student Groups’ Pro-Palestine Vigil
News
Former FTC Chair Lina Khan Urges Democrats to Rethink Federal Agency Function at IOP Forum
News
Cyanobacteria Advisory Expected To Lift Before Head of the Charles Regatta
News
After QuOffice’s Closure, Its Staff Are No Longer Confidential Resources for Students Reporting Sexual Misconduct
News
Harvard Still On Track To Reach Fossil Fuel-Neutral Status by 2026, Sustainability Report Finds
Leon H. Keyserling, former Chairman of the President's Council of Economic Advisors, called Saturday for a two-part program to end poverty in the United States--guaranteed federal full-employment, and a minimum annual income.
Speaking at the Freedom Budget conference, Keyserling said that the use of economic power to eliminate poverty is the only economic question of real importance in America today.
Under a guaranteed federal full-employment program, Keyserling said, the government would provide jobs for all unemployed, either by hiring them directly, or by financing private industry to employ them.
Keyserling suggested a guaranteed annual income for all who could not or should not be employed. He estimated its cost at about $6 billion a year.
"There are many good anti-poverty programs today," Keyserling said, but they are moving too slowly, or in the wrong direction. A war against poverty must be a total national commitment, he said.
Want to keep up with breaking news? Subscribe to our email newsletter.