David J. Lynch
๐ค SpeakerAppearances Over Time
Podcast Appearances
You're never going to have an economy that makes 100% of the people happy 100% of the time, but recognizing that it's your responsibility as governing policymakers to develop programs and strategies and remedies
that will enable as many people as possible to weather the storm and to come out doing okay on the other side.
And I think it became too easy for folks in Washington.
And I include myself in this.
I was not at all clairvoyant about these issues, you know, 25 years ago.
But it's easy when you've never lost your job, never been out of work involuntarily, when the only time you have...
when you're jobless is a sabbatical from your university job or you're in between assignments at a central bank or a think tank, it's easy to sort of not really come to grips with the human toll of joblessness.
And having gone through it briefly myself a few years ago and just tasted it
for a brief moment in time, it's something that people need to understand and need to empathize with other folks in the economy about.
And so again, we can't go back in time and undo what's happened.
But the so-called China shock that hit us around the turn of the century and into the first decade of this century, that's not going to be the last time the American worker is challenged by a time of tumult and upheaval.
And artificial intelligence may well be the next punch that's thrown.
We've got to figure these issues out.
I'm everywhere.
I'm on X and Blue Sky at David J. Lynch.
I'm not much on Instagram.
I'm on TikTok.
I probably spend too much time on TikTok, my wife would say.
Thanks a lot, Steve.
Appreciate it.