Oct. 25, 2023 - Epoch Times
00:53
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| Time | Text |
|---|---|
| You're a professor, you have students, you've built a really good university. | |
| What about the younger people? | |
| Do you think they are living too? | |
| No question! | |
| They're going to be looking at high-paying jobs, thinking about forming families and buying a home. | |
| Looking at the price of a home in California versus in another state. | |
| Where they can afford a home, it's much more difficult in California. | |
| What do you think would be the impact for California? | |
| Adam Smith was the one who wrote Wealth of Nations. | |
| He pointed out that the true wealth of a nation is the people, the human capital, not industry, companies, resources. | |
| I served as president for 25 years in Chapman University. | |
| Our best and brightest individuals you want to keep, not only in the state, but in Orange County, the state of California. | |
| Invest heavily in the UC system, the Cal State system. | |
| The state subsidizes them because those workers have great human capital. | |
| They will generate jobs, economic prosperity, higher income for people. | |
| They'll support more business creation. |
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