In fact, I think the way through this is, in fact, rather than to bemoan the failures of OECD countries is to look at the success spots and try to replicate and port them over to others. So why is it that Madrid can build public transit at 1/7 the cost of the United States. Right. It's not because they don't have public sector unions. It's not because they have fewer environmental regulations. They've just got much better project management than we do here in the United States. (43:14–43:19)
CLAIM
Asserts that Madrid's public transit construction costs are significantly lower than those in the U.S.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
