I was chatting to my delightful friend and colleague Anne (co-host of the unmissable RadioMMT programme on 3CR — go listen to it now!) last night, and she asked me a question about the MMT Job Guarantee. I'd had a couple of pints (and a few hours of social interaction overwhelm) by then, so I'm afraid I didn't answer it adequately. And as I proceeded to have a couple of glasses of wine with a late dinner when I got home, I regret to say I now can't remember what the question was.
So I thought I'd quickly jot down what I think are the key general characteristics of public buffer stock programs — either existing, proposed, or just trapped in my muddled head struggling to get out — without cheating and looking anything up.