Jean Luo

Who better to invest than the government, which is basically a legal monopoly in our country.

I mean, they're so well positioned to invest long term, but none of the incentives are set up around that.

I think part of it is reframing the conversation and the measurement.

I do think if Congress had the tools to look at their budget over 30 years, for example, it would show very clearly that investments in young people are very profitable.

I think part of it is just starting to shift that narrative and to create the tools to do that and to ask people, yeah, okay, I see how your budget performs over five years or 10 years, but what does this mean actually over 30 years?

Are there opportunities we're missing out on because we're just not looking at this over the appropriate time horizon?

I think you could apply that frame to almost any part of America today.

But I think one that would be ripe for that conversation, although in my learnings, in my research, it seems like absolutely the hardest problem to tackle is health care.

If you look at the state budget here in California, health care is eating the state budget.

And that's true in America as well.

Health care costs have just absolutely exploded.

And part of that's

a good thing.

If you look at overall our ability to provide really advanced care and create all this new technology, it doesn't surprise me that that's where some of the cost growth has been because it's important to be able to extend people's lives or have people live in healthier, more productive ways.

But I think unless we're really able to innovate there, it's going to create a huge drag on our future as we reallocate more and more resources to healthcare.

So I think a lot of this ties back to, and I think this is very common today,

A lot of times, government is focused on where they're spending money.

I don't think they're as focused on the cost side of that equation.

And actually, the history of America would say that we've done an amazing job at productivity growth, at innovating to actually drive costs down and to make things more accessible to more people.

And that that's really been one of the huge miracles of America's success over the last 250 years, that we've made a lot of stuff that previously was really expensive and only accessible to a very small number of people, really cheap and really widely available.