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Jake Auchincloss: “That's what happened to China, right? They ended up with a…”

Featuring: Jake Auchincloss, Democratic | U.S. House Massachusetts, District 4

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Treating cost disease with Congressman Jake Auchincloss

Published | Video Starts at 27:45

And in that case that might be a problem because we may be leaving really, really valuable gains on the table. Right. Well that's, I mean, That's what happened to China, right? They ended up with a massive arms race and they basically had to cancel the entire edtech sector to prevent it. I would also say we're even presuming now that the actual sort of arbitrage opportunity is in for your children is in education. (27:45–27:53)

CLAIM

Asserts that China canceled its edtech sector to prevent a competitive arms race.

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