The plan rolls back spending on healthcare, social security, and public infrastructure
Palley 18, PhD in Economics @ Yale, American economist who has served as the chief economist for the United States-China Economic and Security Review Commission (Thomas, “Job Guarantee Programs: Careful What You Wish For,” Social Europe, https://www.socialeurope.eu/job-guarantee-programs-careful-what-you-wish-for)//BB
Macroeconomic concerns A first macroeconomic concern is the putative cost of a JGP. This is a complex multifaceted concern. The immediate cost of a JGP will depend on the state of the economy and the state of the aggregate demand (AD) generation process. An economy with a deteriorated AD generation process, marked by a reduced wage share and increased inequality, will be prone to higher unemployment that raises the program’s cost. That speaks to the need to pair a JGP with other conventional structural Keynesian policies that remedy the causes of AD weakness. A second macroeconomic issue concerns financing and policy trade-offs. If government is financially constrained, policy must operate in a realm of trade-offs. Consequently, adopting a JGP may require giving up other desirable policy proposals such as increased public infrastructure investment, expanded subsidized healthcare, covering the shortfall in Social Security via general revenues, free tertiary education at public universities, elimination of student debt, or a universal basic income (UBI).