The Woytinsky-Tarnow-Baade plan, abbreviated as the WTB plan, was a proposed debt-financed public employment program in Germany in 1932. It was intended to ease the effects of the Great Depression by ending the country's deflationary spiral and increase purchasing power. The plan would have seen the federal government fund one million public jobs via a loan from the German Central Bank of three billion Reichsmark (equivalent to 3% of GDP).
The plan was named for its three key proponents: Russian economist Vladimir S. Voitinsky (in German Woytinsky), woodworkers' union president Fritz Tarnow, and Social Democratic agriculture spokesman Fritz Baade. The three presented their plan to the Social Democratic Party of Germany (SPD) and German Trade Union Confederation in January 1932, but it was not adopted.