And raising the costs of labour and the complexity of labour administration advantages large established firms over their competitors such as smaller firms and potential market entrants. But it looks like a good deal in the short term. And union members whose children have problems finding work have reasons not to put two and two together. It represents low-cost job creation. But we should be very suspicious of grand plans to do more than that.
Taxes are a very expensive way of funding something.
Market exchanges are much cheaper. The real political art is to justify stopping spending taxpayers' money in socially destructive ways. To convince people that full employment is the only proper goal. That a few sacrifices have to be made to achieve it, sacrifices that will be shown to have been a lot more apparent and transitory than real. Which is where issues of language and information come in.