Jason Calacanis

We had this giving pledge, which was a little bit of virtue signaling, and it wasn't real.

It was just, you know, at the end of your life, you promise to give away half your money.

So let's have something real.

Let's have something where, you know, people say, I'm going to give away 1% of my stock over the next 20 years of my life.

Every year, 1% will go into Invest America, whatever it is.

It won't cost anybody anything.

You can't spend this money, whether it's Bezos or whoever.

Second, in that same thing in terms of giving back, we have not talked about how massive this could be for health and extending people's life and reducing suffering.

We need to work on that.

That's where contributions to basic science could come in and obviously education and lowering the cost of education.

And if you look at what Americans on the bottom half, you were talking about the cup half empty, there's really two or three things they really feel anxiety about.

One of it is income.

And the second is healthcare.

And on the margins, housing and their kids, their kids' education and the cost of those things.

We should really take a look deeply at, and I know this is very unpopular amongst capitalists, including myself, we should really look at the minimum wage and study what happened in New Zealand, Sweden, Switzerland.

Australia when they raised it, what actually happened when they raised it, and there was a lot of hand wringing about it, when they slowly raised it, what they found was those consumers don't save money, they spend it, they're always behind the eight ball in terms of their spending, we should opt in to trying to raise the minimum wage, company by company by company, and just give people who are at the end of the spectrum, that understanding that, hey, year over year, whether it's Amazon, or

Target, et cetera, restaurants, we're all collectively going to add a little bit to that minimum wage and try to lift the bottom third of society.

That's the stuff we're not talking about.

We don't talk about it here on this podcast.

We don't talk about universal healthcare.