Insure against job loss
When the economy is bad there will be layoffs because businesses cannot sell their products as well as before. Those people being laid off will have their finances reduced significantly. If that happens there is a chance of foreclosure of their homes. If a person is laid off he will usually not be able to pay taxes and the government suffers also.
What is needed is some kind of workers insurance plan that would pay the laid-off worker as much as he did before he was laid off. With such a plan he could still make house payments, car payments and pay his taxes. Banks, businesses, car dealers, etc. would still be getting finances from the laid-off workers.
When a laid-off worker is back at work the plan would then be terminated for him at that time. Hopefully such a plan would halt any serious downturn of the economy before a full blown recession had a chance to start.
Carl H. Dahlberg
Bonners Ferry, Idaho