Causes a rush to government-owned jobs and private sector job loss.
Ryan Bhandari 19, Former Senior Economic Policy Advisor at Third Way, current Econ PhD student, 3-25-19, “What Is the “Federal Jobs Guarantee” and What Are People Saying About It?” https://www.thirdway.org/memo/what-is-the-federal-jobs-guarantee-and-what-are-people-saying-about-it // KG
#3: It could crowd out tens of millions of private sector jobs. There are currently 54 million people who earn $15 an hour or less. When they find out the federal government is offering $15 an hour plus benefits and permanent job security, many of those workers would quit their current job and join the federal workforce.3 Companies that could afford to would raise wages to keep some of these workers; other companies would simply go out of business. The labor markets would be controlled by the government in ways never seen before in America. And even if just half of low-wage private sector workers quit, the number of federal employees would rise by between 35 and 40 million.4 Costs to the government would then rise to anywhere from $1.6 trillion to $2.24 trillion per year, and the private sector would see massive repercussions.