18% of the world's idea. We had four Nobel laureates last year at the UC system. We have more active patents than any other system, higher learning anywhere in the world. Venture capital is 106 billion. We're number one in business startups. and we created 3.1 million jobs. You brought up unemployment. Unemployment has been 0.9 to 1.1% higher. There's five or six UCLA studies again since Reagan left office. Why? (1:13:46–1:13:51)
CLAIM
Asserts that California leads in venture capital with $106 billion and is number one in business startups.
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