Jane Doe

Yeah, and just to put some numbers and some charts behind it, here is the debt back to Clinton era. Clinton obviously balanced the budget, so you get this nice flatness there. Clinton added 392 billion in eight years. It's barely noticeable on the chart, 40, 50 billion a year. Bush, 5.4 trillion four years, about 1.3 trillion a year. Obama, a trillion a year.

And then we get to Trump, 1.0, 2 trillion a year. Suddenly we decided we would double it. Biden, same thing. They added almost exactly the same amount. $2 trillion a year, and then Trump right now is on track to do the same.

And then we get to Trump, 1.0, 2 trillion a year. Suddenly we decided we would double it. Biden, same thing. They added almost exactly the same amount. $2 trillion a year, and then Trump right now is on track to do the same.

Let me pull up a tax chart here, Nick, from the chat and get Chamatha your comments on this bar chart here, just who's paying taxes. As you can see, you know, the top 1%, which I think is this panel here, and the top 5% paying the majority of the taxes in the country. Is there any way to increase revenue?

Let me pull up a tax chart here, Nick, from the chat and get Chamatha your comments on this bar chart here, just who's paying taxes. As you can see, you know, the top 1%, which I think is this panel here, and the top 5% paying the majority of the taxes in the country. Is there any way to increase revenue?

And is there any way for politicians to say, hey, let's cut military that hasn't come up yet as a concept, but maybe cut a little bit of military spending, and maybe put in some modest austerity measures now, before as Ben's pointing out, we get to, you know, Spain and You know, Greece, I don't know, what was that, 10 years ago when they had to Portugal and they had to do like intense things.

And is there any way for politicians to say, hey, let's cut military that hasn't come up yet as a concept, but maybe cut a little bit of military spending, and maybe put in some modest austerity measures now, before as Ben's pointing out, we get to, you know, Spain and You know, Greece, I don't know, what was that, 10 years ago when they had to Portugal and they had to do like intense things.

So your home country, Chamath of Italy. Like austerity measures, Americans, I don't think we've had to ever face austerity measures, certainly not in our lifetime. So income, taxes, can we get more revenue in? Or is that unrealistic? And then cutting military, maybe on the margins, Chamath? Or do you not see this as a major issue? It's easy to catastrophize.

So your home country, Chamath of Italy. Like austerity measures, Americans, I don't think we've had to ever face austerity measures, certainly not in our lifetime. So income, taxes, can we get more revenue in? Or is that unrealistic? And then cutting military, maybe on the margins, Chamath? Or do you not see this as a major issue? It's easy to catastrophize.

Hold on. Before you do that, let me just ask one question. The land we're talking about here, Friedberg, And the oil, I guess, or the minerals that are under the ocean floor? Everything, everything. Well, I mean, what else is there under the ocean floor is sort of the question people are asking. Gold, rare earths, zinc, cobalt, lithium, everything.

Hold on. Before you do that, let me just ask one question. The land we're talking about here, Friedberg, And the oil, I guess, or the minerals that are under the ocean floor? Everything, everything. Well, I mean, what else is there under the ocean floor is sort of the question people are asking. Gold, rare earths, zinc, cobalt, lithium, everything.

Who is the customer, I think is what we're all wondering, of this land in the United States and for what purpose?

Who is the customer, I think is what we're all wondering, of this land in the United States and for what purpose?

Okay, so we all agree on the new premise.

Okay, so we all agree on the new premise.

Amore.

Amore.

I want to ask you an important question, Dave, if I may. Are you, as a man of science, who believes in global warming and who cares about the environment? Is it a great idea is what a lot of people are thinking here. Great question.

I want to ask you an important question, Dave, if I may. Are you, as a man of science, who believes in global warming and who cares about the environment? Is it a great idea is what a lot of people are thinking here. Great question.

Is it a great idea for us to rip everything out of the ocean shelf in Alaska and sell all this incredible land we have that's preserved with nature and trees to foreign governments and people who own our debt? Is this a great idea? Do you have concerns about this versus austerity and maybe not buying as many bombs?