David Schweikert: “This is probably going to be the first time you have ever heard this, Chip. I don't think you are cynical enough. That…”

“This is probably going to be the first time you have ever heard this, Chip. I don't think you are cynical enough. That is actually very funny for those of us who know Chip. We have actually created a motto in our office: Money, power, vanity, but most of the time, it is about the money. I would argue that Congress has become substantially a protection racket. We protect incumbent bureaucracies and incumbent business models. When someone comes to us and says: Hey, I have this thing you can blow into and, boom, it will tell you that you have the flu, and it can bounce off your medical records and order your antivirals that Lyft can drop off in 2 hours. That technology exists. We will find a way to make that illegal. We will make it so you can't be reimbursed. It will be illegal for an algorithm to write a prescription--those sorts of things. There is a revolution of technology around us where we can make our lives so much easier. You and your family can have more time, and we can crash the debt and deficit, and young people don't have to live poorer than their parents because that is what the math says. This will be the first generation coming up right now that will be economically more disadvantaged than their parents. That is immoral, and we can stop it, but we have to think disruptively. Maybe I am a little bit of a utopian on some of this stuff. The Democrats, all their taxes, you get about 1.5 percent of GDP when you do economic effects.…”