Well, you’ll need to read my forthcoming book on the history of job creation programs to get the full version, but the TLDR version is: the welfare state really works to decrease inequality and improve economic security, we can basically choose whatever unemployment rate we want (as long as we’re sufficiently rich and have our own currency), and the only reason that we don’t is because we’ve taken as gospel a series of economic maxims that are wrong and have failed us at every turn.