Thanks for the imput Karen. I'm thinking about a whole new system.
Since the invention of the lever, the wheel and all the machinery and technology since then full employment is not a realistic government objective. The purpose of this equipment being - to eliminate work.
Most of this technology is a common heritage and everyone should be profiting by it. Consider the country a corporation. People born in the country are shareholders of the corporation and, as such, entitled to a dividend on those shares whether they are working or not. The amount of this dividend would depend on the total dometic product (GDP or GNP).
This would end welfare and unemployment insurance and the money thus distributed would keep the economy going.
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