Where do you think we are right now? You mean with respect to the size of the deficit? I think additional spending targeted at direct job creation would be a g

Where do you think we are right now? You mean with respect to the size of the deficit? I think additional spending targeted at direct job creation would be a good thing. Even more so if the jobs created go towards improving the future economic capacity of the country, e.g. by improving schools, making the country more self-sufficient in terms of energy, think solar plants in southern states combined with updates to the electrical grids and storage capabilities, things like that. Actually, many MMT economists also argue in favor of a Job Guarantee, i.e. a government program that ensures full employment simply by providing such WPA-like jobs at a minimum wage. The theory is that such a program can never be inflationary. At least the kind of inflation that is caused by bidding for higher prices cannot happen since the wages in a Job Guarantee are fixed by legislation.