David Sacks

The more government gets involved, the more prices

seem to skyrocket, how do you get over that with all the interested groups that are getting themselves elected in the California state legislature by saying, I'm gonna do more, I'm gonna do more, I'm gonna do more, because that's how you get elected.

How are you possibly gonna come in and say, we should do less, and that's how we're gonna fix some of this stuff.

Right.

Well, let's talk about maybe some of the competing interests that want to get capital, that want to pull capital through the government for their base, and that would be labor unions.

They're a very powerful lobbying, coordination set of groups in California.

They have significant influence over who gets elected in the legislature, who gets elected in city mayor's races, and who gets elected in the governor's seat.

Tell me your view on the role that labor unions play in California politics today and some of this dysfunction in government and unaccountability in spending.

Because I know that this might be a very controversial topic to talk about because you don't want to piss off the labor unions, but I'd love to hear your candid views on their role.

If I look at California, I can understand we're not solving certain problems, but what I'm trying to grok is how did some of these problems become the worst in the nation?

So there are statistics and you can debate per capita statistics versus absolute number of people, but number one in poverty, number one in unemployment, nearly half the nation's homeless live in California.

How did California go from being bad and not solving these problems to making them worse?

Yeah, I mean, it just feels, some of the policies are just crazy.

I always commented on the managed alcohol program for homeless in San Francisco.

They give away free alcohol to alcohol addicted, unhoused people.

And I can't imagine that that disincentivizes people to- No.

Right, it's like you go to San Francisco, you get needles, you get free alcohol.

I mean, you get these things.

So it incentivizes people to go to San Francisco.

The whole thing just seemed-