I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.
In 1975, Congress passed a law requiring fuel efficiency standards to double over 10 years, with incremental targets that auto manufacturers were required to meet. That was the responsible approach, and it worked. But since 1985, we've done nothing - even as technology has moved at light speed.
New York has been, and will continue to be, a magnet for people from all over the world. This is where the arts, business, research and technology converge to create the world's foremost urban economy.
I cannot for the life of me understand why the American market keeps going up. Our economy has some real challenges. The infrastructure's falling apart. We're destroying jobs with technology. We are keeping the best and the brightest from around the world from coming to America to create new jobs and create new businesses. All of those things would give you pause to worry about the future.
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