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EPISODE · Jul 11, 2022 · 38 MIN

Whose Responsibility is it Anyway?

from Unlearning Project · host Al Gugliotta

Where do we draw the line in terms of who's responsible for protection? Do we expect the government to protect us from everything? Life is risky, and to an extent, each person is responsible for the risks they choose to subject themselves to. This brings up the question that at what point is the government overstepping or overreaching their authority in the name of "protecting the public." In today's episode, Virginia and I talk through the concerns I have with the status of the stock market, interest rates, inflation, and general economic climate of the US right now. It's all accumulating to a point that's making me feel very on edge. I have strong concerns about the stimulus payments that were sent to Americans because, as we express, some of us didn't necessarily need the money and we feel it could have been applied differently to really help those who actually needed it. It all comes down to access, education, and the privilege to have those things. Now, we're collectively facing the repercussions of rates being too low for too long in combination with the infusion of trillions of dollars as stimulus - recession. The public will always spend money, although we may see a shift in purchasing trends. However, when seemingly excessive restrictions and regulations result in the suppression of free market will, we have a problem. In this episode, listen for: My frustration around when good companies get destroyed by government overreach Looking back at the mid-pandemic market peaks "Is there ever a point where we hit zero?" I'm constantly trying to find the balance between remaining informed and being oblivious. For now, it seems that watching the news is making me feel frazzled which is a signal that I do need to step away and get a fresh perspective. Thank goodness for the beach! www.unlearningproject.org

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This episode was published on July 11, 2022.

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