David Sachs

You just create the leaderboard and you not only shame people who are wasting our tax dollars, you celebrate the people who are heroes, who start showing frugality and cost saving. And they're going to do this with the leaderboard of the heroes and the goats. This could be the unifying, not just the Republican Party, as Sachs is pointing out, Chamath, I think this could unify the whole country.

Is there anybody paying taxes? That wants to see money wasted that wants to see us pay people high salaries to not come to work? Shamath, what's your take on the sequence of events here? What are easy layups that they can actually get done? And then where is the machine going to fight and try to stop this thing?

Is there anybody paying taxes? That wants to see money wasted that wants to see us pay people high salaries to not come to work? Shamath, what's your take on the sequence of events here? What are easy layups that they can actually get done? And then where is the machine going to fight and try to stop this thing?

I mean, just to build on that, cutting all the regulations to zero, you might throw out some babies in the bathwater. So why not put a clock on them and just say, whenever this was enacted, plus five years, and then it rolls off, or plus two years, whatever number of months, and then you could have them, Chamath, rolling off every month to be reassessed.

I mean, just to build on that, cutting all the regulations to zero, you might throw out some babies in the bathwater. So why not put a clock on them and just say, whenever this was enacted, plus five years, and then it rolls off, or plus two years, whatever number of months, and then you could have them, Chamath, rolling off every month to be reassessed.

People die. Paradigms shift. And then nobody even remembers these regulations. You have to do archaeology to figure out who created this, what was the intent, and you would never do that. You would never live, Sachs, with all of these rules forever.

People die. Paradigms shift. And then nobody even remembers these regulations. You have to do archaeology to figure out who created this, what was the intent, and you would never do that. You would never live, Sachs, with all of these rules forever.

Well, Chamath, I'll hand this over to Freeberg. Freeberg, if you... were to get rid of regulations as somebody working in the government, you might work your way out of a job.

Well, Chamath, I'll hand this over to Freeberg. Freeberg, if you... were to get rid of regulations as somebody working in the government, you might work your way out of a job.

So the incentive is completely perverse and reverse to what we actually need in the country, which is less regulation, more thoughtful regulation and some process by taking these things on and off the books and adapting them to reality. Yeah.

So the incentive is completely perverse and reverse to what we actually need in the country, which is less regulation, more thoughtful regulation and some process by taking these things on and off the books and adapting them to reality. Yeah.

Make more impact, yeah. Virtuous, right?

Make more impact, yeah. Virtuous, right?

And Millay in Argentina has basically, I don't know, a year or an 18-month head start on us and has been doing this. He did a great podcast with Lex Friedman. They translated it. Actually, they dubbed it, which is kind of interesting technology. And in this discussion, they talked about reducing the ministry's agencies from 20% to 80%.

And Millay in Argentina has basically, I don't know, a year or an 18-month head start on us and has been doing this. He did a great podcast with Lex Friedman. They translated it. Actually, they dubbed it, which is kind of interesting technology. And in this discussion, they talked about reducing the ministry's agencies from 20% to 80%.

They fired 50,000 government workers, 15% of the total workforce. There were 341,000 when he started. They implemented a daily deregulation process to remove inefficient policies. So they just do that day in and day out. They ended discretionary payments to provinces and cities. They restored market-driven utility prices, no more subsidies, yada, yada, yada, right down the line.

They fired 50,000 government workers, 15% of the total workforce. There were 341,000 when he started. They implemented a daily deregulation process to remove inefficient policies. So they just do that day in and day out. They ended discretionary payments to provinces and cities. They restored market-driven utility prices, no more subsidies, yada, yada, yada, right down the line.

Sachs, your thoughts on how many months it will take to do this. And there's this discussion, and I don't know if that's from inside the Trump administration of, hey, we got to get this done in 18 months. We got to get this done in 18 months. What can you tell us about the sense of urgency about getting this done quickly and why that's occurring?

Sachs, your thoughts on how many months it will take to do this. And there's this discussion, and I don't know if that's from inside the Trump administration of, hey, we got to get this done in 18 months. We got to get this done in 18 months. What can you tell us about the sense of urgency about getting this done quickly and why that's occurring?

How do you get Democrats in on this, Sax? How do you push them to join the party, to join the movement, to be more efficient, to be more transparent? Is there a possibility for us to get some coordination here with the other side or no?