Pete
π€ PersonAppearances Over Time
Podcast Appearances
A big part of the results is what doesn't happen. Good, bad things that don't happen. You don't notice your school being good. You just notice when it's bad. Yeah, and you don't notice your road being smooth. You just notice when there's a pothole in it, right? And you don't notice when an airplane doesn't crash. And you don't notice when you have clean, safe drinking water.
A big part of the results is what doesn't happen. Good, bad things that don't happen. You don't notice your school being good. You just notice when it's bad. Yeah, and you don't notice your road being smooth. You just notice when there's a pothole in it, right? And you don't notice when an airplane doesn't crash. And you don't notice when you have clean, safe drinking water.
By the way, that's okay. Like, that's the point. Like, you shouldn't have to worry about whether your drinking water is clean. Because if you did, you wouldn't be able to worry about whatever else matters to you in life. So I don't think anybody can argue that the American taxpayer has gotten their money's worth. I think there's lots of reasons for that. Part of it is, though, that we underinvest.
By the way, that's okay. Like, that's the point. Like, you shouldn't have to worry about whether your drinking water is clean. Because if you did, you wouldn't be able to worry about whatever else matters to you in life. So I don't think anybody can argue that the American taxpayer has gotten their money's worth. I think there's lots of reasons for that. Part of it is, though, that we underinvest.
By the way, that's okay. Like, that's the point. Like, you shouldn't have to worry about whether your drinking water is clean. Because if you did, you wouldn't be able to worry about whatever else matters to you in life. So I don't think anybody can argue that the American taxpayer has gotten their money's worth. I think there's lots of reasons for that. Part of it is, though, that we underinvest.
And we underinvest not because the overall tax rates are too low. I don't think that most people should be paying more in taxes. I do think certain people should be paying much more in taxes. And that's where we get to the giant multi-billion dollar corporation that figures out a way to do their books and pay zero. And then brag about it.
And we underinvest not because the overall tax rates are too low. I don't think that most people should be paying more in taxes. I do think certain people should be paying much more in taxes. And that's where we get to the giant multi-billion dollar corporation that figures out a way to do their books and pay zero. And then brag about it.
And we underinvest not because the overall tax rates are too low. I don't think that most people should be paying more in taxes. I do think certain people should be paying much more in taxes. And that's where we get to the giant multi-billion dollar corporation that figures out a way to do their books and pay zero. And then brag about it.
Tell him to pay up. But you can't blame him for using the rules of the system.
Tell him to pay up. But you can't blame him for using the rules of the system.
Tell him to pay up. But you can't blame him for using the rules of the system.
Because if the whole capitalist system, for good and for ill, is that if you don't play that to your advantage, somebody else will and they will beat you. So instead of asking somebody to leave money on the table, we should just fix the rules so that they're more fair. Yeah. And that's the investment side. But the other side of it is throwing money at the problem is not enough.
Because if the whole capitalist system, for good and for ill, is that if you don't play that to your advantage, somebody else will and they will beat you. So instead of asking somebody to leave money on the table, we should just fix the rules so that they're more fair. Yeah. And that's the investment side. But the other side of it is throwing money at the problem is not enough.
Because if the whole capitalist system, for good and for ill, is that if you don't play that to your advantage, somebody else will and they will beat you. So instead of asking somebody to leave money on the table, we should just fix the rules so that they're more fair. Yeah. And that's the investment side. But the other side of it is throwing money at the problem is not enough.
It is clearly true. And this is the other point about the Second Avenue subway, which, again, I will defend to my death that it is a good project. Have you been on it? We can't, dude.
It is clearly true. And this is the other point about the Second Avenue subway, which, again, I will defend to my death that it is a good project. Have you been on it? We can't, dude.
It is clearly true. And this is the other point about the Second Avenue subway, which, again, I will defend to my death that it is a good project. Have you been on it? We can't, dude.
What's really impossible to defend is how long it has taken I'm not joking when I say it's been there for 50βthe tunnel's there for 50 years. It's a 100-year project. It got started in 1920. Which is nuts. And the cost of it.
What's really impossible to defend is how long it has taken I'm not joking when I say it's been there for 50βthe tunnel's there for 50 years. It's a 100-year project. It got started in 1920. Which is nuts. And the cost of it.
What's really impossible to defend is how long it has taken I'm not joking when I say it's been there for 50βthe tunnel's there for 50 years. It's a 100-year project. It got started in 1920. Which is nuts. And the cost of it.