3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E30: Ramifications of Biden's proposed capital gains tax hike, federal budget, India's COVID surge, founder psychology & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Spending Restraints Have Goes Out the Window

Spending restraints kind of gone out the window. It would be so much better if we just said, we're going to do this one very specific thing with a huge number attached to it. Singapore is an incredible example where government enables human capital outcomes but remains relatively small and fixed. If you look at europe, europe is a good example when, you know, spending sometimes for the greater good, in the best interest, can run am muck.

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