Everybody Gets a Job!

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The U.S. unemployment rate may be at the lowest level since 2000, but some economists want the federal government to go further and guarantee a job for every American. Several potential Democratic presidential candidates support the idea, but the plan faces plenty of hurdles, from how to pay for it to how it would actually get up and running. Economics professor L. Randall Wray, one of the plan's principal authors, and Evercore ISI analyst Ernie Tedeschi discuss the issue with Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg Opinion.

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To contact the author of this story: Scott Lanman in Washington at slanman@bloomberg.net.

To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net.

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Everybody Gets a Job!