For a genuine solution to the current crisis of jobs and debt we need to look seriously at what is currently known as the Modern Monetary School (MMT) of economics. Google MMT for detail, but in summary, any unbiased examination will show that it provides a much better answer than current orthodoxy, to our 2 key covid recovery conerns (i) how to ensure jobs and incomes at all levels both now and through the post covid recovery; plus (II) how to cope with the huge build up of debt or, better still, not have it at all. In essence, MMT takes the position that economic balance has nothing to do with Surplus and Deficits but comes only when all potential workers are fully employed ie when all human resources are being fully utilised. It also argues that Full Employment Balance can only be achieved when the necessary amount of legal tender money is available to ensure it. In other words, government should create the necessary amount of legal tender by simple debt free fiat ie not by debt creation as required by Quantitative Easing - and distribute it so as to achieve the Full Employment.

Crucial to my earlier post today is - in case some one is asking - that MMT also deals effectively with any concerns about inflation. And, in any case, by simple definition new legal tender money created by fiat (without debt) cannot carry any different risk of generating inflation than does QE debt created money. Money is money is money.

Individual what would the Middle East show us? I did not understand your reference.

what would the Middle East show us? I did not understand your reference.
JBoyer,
For those who bother to think & look it shows which road not to go down !

Individual I think and look but as the middle East is a large place I am unsure which country or what they are doing that you seem to be against. Come on, enlighten us all, words of wisdom and all that!

JBoyer,
Just think of those Middle Eastern Countries that have no violence driven by religious ideology & general hatred of other humans & you'll have those that are not included in my remark !
Those that don't swamp the rest of the World with refugees i.e. silent invaders !