[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:00.58,0:00:03.50,Default,,0000,0000,0000,,Well, I was introduced as Dialogue: 0,0:00:03.50,0:00:05.53,Default,,0000,0000,0000,,the former Governor of Michigan, Dialogue: 0,0:00:05.53,0:00:08.54,Default,,0000,0000,0000,,but actually I'm a scientist. Dialogue: 0,0:00:08.54,0:00:11.54,Default,,0000,0000,0000,,All right, a political scientist, it doesn't really count, Dialogue: 0,0:00:11.54,0:00:15.33,Default,,0000,0000,0000,,but my laboratory was the laboratory of democracy Dialogue: 0,0:00:15.33,0:00:18.49,Default,,0000,0000,0000,,that is Michigan, and, like any good scientist, Dialogue: 0,0:00:18.49,0:00:21.33,Default,,0000,0000,0000,,I was experimenting with policy Dialogue: 0,0:00:21.33,0:00:24.02,Default,,0000,0000,0000,,about what would achieve the greatest good Dialogue: 0,0:00:24.02,0:00:26.13,Default,,0000,0000,0000,,for the greatest number. Dialogue: 0,0:00:26.13,0:00:30.41,Default,,0000,0000,0000,,But there were three problems, three enigmas Dialogue: 0,0:00:30.41,0:00:32.94,Default,,0000,0000,0000,,that I could not solve, Dialogue: 0,0:00:32.94,0:00:36.42,Default,,0000,0000,0000,,and I want to share with you those problems, Dialogue: 0,0:00:36.42,0:00:38.43,Default,,0000,0000,0000,,but most importantly, Dialogue: 0,0:00:38.43,0:00:42.18,Default,,0000,0000,0000,,I think I figured out a proposal for a solution. Dialogue: 0,0:00:42.18,0:00:44.05,Default,,0000,0000,0000,,The first problem Dialogue: 0,0:00:44.05,0:00:46.04,Default,,0000,0000,0000,,that not just Michigan, but every state, faces is, Dialogue: 0,0:00:46.04,0:00:49.36,Default,,0000,0000,0000,,how do you create good jobs in America Dialogue: 0,0:00:49.36,0:00:51.11,Default,,0000,0000,0000,,in a global economy? Dialogue: 0,0:00:51.11,0:00:54.60,Default,,0000,0000,0000,,So let me share with you some empirical data from my lab. Dialogue: 0,0:00:54.60,0:00:59.11,Default,,0000,0000,0000,,I was elected in 2002 and, at the end of my first year in office in 2003, Dialogue: 0,0:00:59.11,0:01:01.65,Default,,0000,0000,0000,,I got a call from one of my staff members, who said, Dialogue: 0,0:01:01.65,0:01:04.01,Default,,0000,0000,0000,,"Gov, we have a big problem. Dialogue: 0,0:01:04.01,0:01:07.63,Default,,0000,0000,0000,,We have a little tiny community called Greenville, Michigan, Dialogue: 0,0:01:07.63,0:01:09.90,Default,,0000,0000,0000,,population 8,000, Dialogue: 0,0:01:09.90,0:01:12.69,Default,,0000,0000,0000,,and they are about to lose their major employer, Dialogue: 0,0:01:12.69,0:01:17.51,Default,,0000,0000,0000,,which is a refrigerator factory that's operated by Electrolux." Dialogue: 0,0:01:17.51,0:01:20.19,Default,,0000,0000,0000,,And I said, "Well, how many people work at Electrolux?" Dialogue: 0,0:01:20.19,0:01:25.12,Default,,0000,0000,0000,,And he said, "3,000 of the 8,000 people in Greenville." Dialogue: 0,0:01:25.12,0:01:27.90,Default,,0000,0000,0000,,So it is a one-company town. Dialogue: 0,0:01:27.90,0:01:32.83,Default,,0000,0000,0000,,And Electrolux was going to go to Mexico. Dialogue: 0,0:01:32.83,0:01:35.72,Default,,0000,0000,0000,,So I said, "Forget that. I'm the new Governor. Dialogue: 0,0:01:35.72,0:01:38.00,Default,,0000,0000,0000,,We can fix this. We're going to go to Greenville Dialogue: 0,0:01:38.00,0:01:39.97,Default,,0000,0000,0000,,with my whole cabinet and we will just Dialogue: 0,0:01:39.97,0:01:42.88,Default,,0000,0000,0000,,make Electrolux an offer they can't refuse." Dialogue: 0,0:01:42.88,0:01:45.31,Default,,0000,0000,0000,,So I brought my whole cabinet, Dialogue: 0,0:01:45.31,0:01:49.02,Default,,0000,0000,0000,,and we met with all of the pooh-bahs of little Greenville -- Dialogue: 0,0:01:49.02,0:01:52.25,Default,,0000,0000,0000,,the mayor, the city manager, the head of the community college -- Dialogue: 0,0:01:52.25,0:01:55.84,Default,,0000,0000,0000,,and we basically emptied our pockets Dialogue: 0,0:01:55.84,0:01:59.14,Default,,0000,0000,0000,,and put all of our chips on the table, Dialogue: 0,0:01:59.14,0:02:03.27,Default,,0000,0000,0000,,incentives, you name it, to convince Electrolux to stay, Dialogue: 0,0:02:03.27,0:02:04.92,Default,,0000,0000,0000,,and as we made our pile of chips, Dialogue: 0,0:02:04.92,0:02:10.02,Default,,0000,0000,0000,,we slid them across the table to the management of Electrolux. Dialogue: 0,0:02:10.02,0:02:14.13,Default,,0000,0000,0000,,And in the pile were things like zero taxes for 20 years, Dialogue: 0,0:02:14.13,0:02:18.35,Default,,0000,0000,0000,,or that we'd help to build a new factory for the company, Dialogue: 0,0:02:18.35,0:02:21.14,Default,,0000,0000,0000,,we'd help to finance it. The UAW, who represented the workers, Dialogue: 0,0:02:21.14,0:02:24.98,Default,,0000,0000,0000,,said they would offer unprecedented concessions, Dialogue: 0,0:02:24.98,0:02:29.03,Default,,0000,0000,0000,,sacrifices to just keep those jobs in Greenville. Dialogue: 0,0:02:29.03,0:02:31.91,Default,,0000,0000,0000,,So the management of Electrolux took our pile, Dialogue: 0,0:02:31.91,0:02:34.72,Default,,0000,0000,0000,,our list of incentives, and they went outside the room Dialogue: 0,0:02:34.72,0:02:37.24,Default,,0000,0000,0000,,for 17 minutes, Dialogue: 0,0:02:37.24,0:02:39.48,Default,,0000,0000,0000,,and they came back in and they said, Dialogue: 0,0:02:39.48,0:02:42.42,Default,,0000,0000,0000,,"Wow, this is the most generous Dialogue: 0,0:02:42.42,0:02:46.90,Default,,0000,0000,0000,,any community has ever been to try to keep jobs here. Dialogue: 0,0:02:46.90,0:02:50.30,Default,,0000,0000,0000,,But there's nothing you can do Dialogue: 0,0:02:50.30,0:02:54.59,Default,,0000,0000,0000,,to compensate for the fact that we can pay $1.57 an hour Dialogue: 0,0:02:54.59,0:02:57.85,Default,,0000,0000,0000,,in Juarez, Mexico. So we're leaving." Dialogue: 0,0:02:57.85,0:03:00.85,Default,,0000,0000,0000,,And they did. And when they did, it was like Dialogue: 0,0:03:00.85,0:03:04.11,Default,,0000,0000,0000,,a nuclear bomb went off in little Greenville. Dialogue: 0,0:03:04.11,0:03:06.42,Default,,0000,0000,0000,,In fact, they did implode the factory. Dialogue: 0,0:03:06.42,0:03:10.40,Default,,0000,0000,0000,,That's a guy that is walking on his last day of work. Dialogue: 0,0:03:10.40,0:03:14.42,Default,,0000,0000,0000,,And on the month that the last refrigerator rolled off the assembly line, Dialogue: 0,0:03:14.42,0:03:17.06,Default,,0000,0000,0000,,the employees of Electrolux in Greenville, Michigan, Dialogue: 0,0:03:17.06,0:03:22.73,Default,,0000,0000,0000,,had a gathering for themselves that they called the last supper. Dialogue: 0,0:03:22.73,0:03:25.71,Default,,0000,0000,0000,,It was in a big pavilion in Greenville, an indoor pavilion, Dialogue: 0,0:03:25.71,0:03:30.20,Default,,0000,0000,0000,,and I went to it because I was so frustrated as Governor Dialogue: 0,0:03:30.20,0:03:34.10,Default,,0000,0000,0000,,that I couldn't stop the outflow of these jobs, Dialogue: 0,0:03:34.10,0:03:36.62,Default,,0000,0000,0000,,and I wanted to grieve with them, Dialogue: 0,0:03:36.62,0:03:39.94,Default,,0000,0000,0000,,and as I went into the room-- there's thousands of people there. Dialogue: 0,0:03:39.94,0:03:43.68,Default,,0000,0000,0000,,It was a just big thing. People were eating boxed lunches Dialogue: 0,0:03:43.68,0:03:47.84,Default,,0000,0000,0000,,on roundtop tables, and there was a sad band playing music, Dialogue: 0,0:03:47.84,0:03:51.58,Default,,0000,0000,0000,,or a band playing sad music, probably both. (Laughter) Dialogue: 0,0:03:51.58,0:03:54.81,Default,,0000,0000,0000,,And this guy comes up to me, Dialogue: 0,0:03:54.81,0:03:58.55,Default,,0000,0000,0000,,and he's got tattoos and his ponytail and his baseball cap on, Dialogue: 0,0:03:58.55,0:04:01.17,Default,,0000,0000,0000,,and he had his two daughters with him, Dialogue: 0,0:04:01.17,0:04:04.77,Default,,0000,0000,0000,,and he said, "Gov, these are my two daughters." Dialogue: 0,0:04:04.77,0:04:07.82,Default,,0000,0000,0000,,He said, "I'm 48 years old, Dialogue: 0,0:04:07.82,0:04:12.38,Default,,0000,0000,0000,,and I have worked at this factory for 30 years. Dialogue: 0,0:04:12.38,0:04:15.04,Default,,0000,0000,0000,,I went from high school to factory. Dialogue: 0,0:04:15.04,0:04:17.64,Default,,0000,0000,0000,,My father worked at this factory," he said. Dialogue: 0,0:04:17.64,0:04:20.49,Default,,0000,0000,0000,,"My grandfather worked at this factory. Dialogue: 0,0:04:20.49,0:04:25.52,Default,,0000,0000,0000,,All I know is how to make refrigerators." Dialogue: 0,0:04:25.52,0:04:26.87,Default,,0000,0000,0000,,And he looked at his daughters, Dialogue: 0,0:04:26.87,0:04:29.36,Default,,0000,0000,0000,,and he puts his hand on his chest, Dialogue: 0,0:04:29.36,0:04:31.91,Default,,0000,0000,0000,,and he says, "So, Gov, tell me, Dialogue: 0,0:04:31.91,0:04:37.24,Default,,0000,0000,0000,,who is ever going to hire me? Dialogue: 0,0:04:37.24,0:04:40.67,Default,,0000,0000,0000,,Who is ever going to hire me?" Dialogue: 0,0:04:40.67,0:04:44.19,Default,,0000,0000,0000,,And that was asked not just by that guy Dialogue: 0,0:04:44.19,0:04:46.87,Default,,0000,0000,0000,,but by everyone in the pavilion, Dialogue: 0,0:04:46.87,0:04:52.71,Default,,0000,0000,0000,,and frankly, by every worker at one of the 50,000 factories Dialogue: 0,0:04:52.71,0:04:57.02,Default,,0000,0000,0000,,that closed in the first decade of this century. Dialogue: 0,0:04:57.02,0:04:59.91,Default,,0000,0000,0000,,Enigma number one: How do you create jobs Dialogue: 0,0:04:59.91,0:05:02.35,Default,,0000,0000,0000,,in America in a global economy? Dialogue: 0,0:05:02.35,0:05:04.65,Default,,0000,0000,0000,,Number two, very quickly: Dialogue: 0,0:05:04.65,0:05:07.38,Default,,0000,0000,0000,,How do you solve global climate change Dialogue: 0,0:05:07.38,0:05:11.72,Default,,0000,0000,0000,,when we don't even have a national energy policy in this country Dialogue: 0,0:05:11.72,0:05:16.64,Default,,0000,0000,0000,,and when gridlock in Congress seems to be the norm? Dialogue: 0,0:05:16.64,0:05:19.81,Default,,0000,0000,0000,,In fact, there was a poll that was done recently Dialogue: 0,0:05:19.81,0:05:24.08,Default,,0000,0000,0000,,and the pollster compared Congress's approval ratings Dialogue: 0,0:05:24.08,0:05:26.51,Default,,0000,0000,0000,,to a number of other unpleasant things, Dialogue: 0,0:05:26.51,0:05:30.03,Default,,0000,0000,0000,,and it was found, in fact, that Congress's approval rating Dialogue: 0,0:05:30.03,0:05:32.92,Default,,0000,0000,0000,,is worse than cockroaches, Dialogue: 0,0:05:32.92,0:05:39.91,Default,,0000,0000,0000,,lice, Nickelback the band, root canals and Donald Trump. (Laughter) Dialogue: 0,0:05:39.91,0:05:44.19,Default,,0000,0000,0000,,But wait, the good news is it's at least better Dialogue: 0,0:05:44.19,0:05:49.04,Default,,0000,0000,0000,,than meth labs and gonorrhea. (Laughter) Dialogue: 0,0:05:49.04,0:05:52.87,Default,,0000,0000,0000,,We got a problem, folks. Dialogue: 0,0:05:52.87,0:05:54.50,Default,,0000,0000,0000,,So it got me thinking, what is it? Dialogue: 0,0:05:54.50,0:05:58.27,Default,,0000,0000,0000,,What in the laboratory that I see out there, Dialogue: 0,0:05:58.27,0:06:00.42,Default,,0000,0000,0000,,the laboratories of democracy, what has happened? Dialogue: 0,0:06:00.42,0:06:03.12,Default,,0000,0000,0000,,What policy prescriptions have happened Dialogue: 0,0:06:03.12,0:06:04.91,Default,,0000,0000,0000,,that actually cause changes to occur Dialogue: 0,0:06:04.91,0:06:08.48,Default,,0000,0000,0000,,and that have been accepted in a bipartisan way? Dialogue: 0,0:06:08.48,0:06:09.75,Default,,0000,0000,0000,,So if I asked you, for example, Dialogue: 0,0:06:09.75,0:06:12.23,Default,,0000,0000,0000,,what was the Obama Administration policy Dialogue: 0,0:06:12.23,0:06:15.35,Default,,0000,0000,0000,,that caused massive changes across the country, Dialogue: 0,0:06:15.35,0:06:16.64,Default,,0000,0000,0000,,what would you say? Dialogue: 0,0:06:16.64,0:06:20.43,Default,,0000,0000,0000,,You might say Obamacare, except for those were not voluntary changes. Dialogue: 0,0:06:20.43,0:06:22.97,Default,,0000,0000,0000,,As we know, only half the states have opted in. Dialogue: 0,0:06:22.97,0:06:26.48,Default,,0000,0000,0000,,We might say the Recovery Act, but those didn't require policy changes. Dialogue: 0,0:06:26.48,0:06:30.83,Default,,0000,0000,0000,,The thing that caused massive policy changes to occur Dialogue: 0,0:06:30.83,0:06:33.25,Default,,0000,0000,0000,,was Race to the Top for education. Dialogue: 0,0:06:33.25,0:06:36.49,Default,,0000,0000,0000,,Why? The government put a $4.5 billion pot Dialogue: 0,0:06:36.49,0:06:39.94,Default,,0000,0000,0000,,and said to the governors across the country, compete for it. Dialogue: 0,0:06:39.94,0:06:43.12,Default,,0000,0000,0000,,Forty-eight governors competed, Dialogue: 0,0:06:43.12,0:06:46.41,Default,,0000,0000,0000,,convincing 48 state legislatures to essentially Dialogue: 0,0:06:46.41,0:06:48.70,Default,,0000,0000,0000,,raise standards for high schoolers Dialogue: 0,0:06:48.70,0:06:51.01,Default,,0000,0000,0000,,so that they all take a college prep curriculum. Dialogue: 0,0:06:51.01,0:06:56.40,Default,,0000,0000,0000,,Forty-eight states opted in, creating a national [education] policy from the bottom up. Dialogue: 0,0:06:56.40,0:06:59.00,Default,,0000,0000,0000,,So I thought, well, why can't we do something like that Dialogue: 0,0:06:59.00,0:07:03.05,Default,,0000,0000,0000,,and create a clean energy jobs race to the top? Dialogue: 0,0:07:03.05,0:07:05.40,Default,,0000,0000,0000,,Because after all, if you look at the context, Dialogue: 0,0:07:05.40,0:07:09.38,Default,,0000,0000,0000,,1.6 trillion dollars has been invested in the past eight years Dialogue: 0,0:07:09.38,0:07:11.32,Default,,0000,0000,0000,,from the private sector globally, Dialogue: 0,0:07:11.32,0:07:13.69,Default,,0000,0000,0000,,and every dollar represents a job, Dialogue: 0,0:07:13.69,0:07:15.28,Default,,0000,0000,0000,,and where are those jobs going? Dialogue: 0,0:07:15.28,0:07:17.71,Default,,0000,0000,0000,,Well, they're going to places that have policy, like China. Dialogue: 0,0:07:17.71,0:07:19.73,Default,,0000,0000,0000,,In fact, I was in China to see what they were doing, Dialogue: 0,0:07:19.73,0:07:22.44,Default,,0000,0000,0000,,and they were putting on a dog-and-pony show for the group that I was with, Dialogue: 0,0:07:22.44,0:07:25.44,Default,,0000,0000,0000,,and I was standing in the back of the room during one of the demonstrations Dialogue: 0,0:07:25.44,0:07:27.80,Default,,0000,0000,0000,,and standing next to one of the Chinese officials, Dialogue: 0,0:07:27.80,0:07:29.47,Default,,0000,0000,0000,,and we were watching, and he says, Dialogue: 0,0:07:29.47,0:07:34.10,Default,,0000,0000,0000,,"So, Gov, when do you think the U.S. is going to get national energy policy?" Dialogue: 0,0:07:34.10,0:07:37.67,Default,,0000,0000,0000,,And I said, "Oh my God -- Congress, gridlock, who knows?" Dialogue: 0,0:07:37.67,0:07:41.68,Default,,0000,0000,0000,,And this is what he did, he goes, he says, Dialogue: 0,0:07:41.68,0:07:44.42,Default,,0000,0000,0000,,"Take your time." Dialogue: 0,0:07:44.42,0:07:49.06,Default,,0000,0000,0000,,Because they see our passivity as their opportunity. Dialogue: 0,0:07:49.06,0:07:51.99,Default,,0000,0000,0000,,So what if we decided to create Dialogue: 0,0:07:51.99,0:07:54.69,Default,,0000,0000,0000,,a challenge to the governors of the country, Dialogue: 0,0:07:54.69,0:07:57.50,Default,,0000,0000,0000,,and the price to entry into this competition Dialogue: 0,0:07:57.50,0:08:01.14,Default,,0000,0000,0000,,used the same amount that the bipartisan group approved in Congress Dialogue: 0,0:08:01.14,0:08:03.83,Default,,0000,0000,0000,,for the Race to the Top for education, 4.5 billion, Dialogue: 0,0:08:03.83,0:08:06.22,Default,,0000,0000,0000,,which sounds like a lot, but actually it's less than Dialogue: 0,0:08:06.22,0:08:08.70,Default,,0000,0000,0000,,one tenth of one percent of federal spending. Dialogue: 0,0:08:08.70,0:08:10.73,Default,,0000,0000,0000,,It's a rounding error on the federal side. Dialogue: 0,0:08:10.73,0:08:14.65,Default,,0000,0000,0000,,But price to entry into that competition would be, Dialogue: 0,0:08:14.65,0:08:17.95,Default,,0000,0000,0000,,you could just, say, use the President's goal. Dialogue: 0,0:08:17.95,0:08:21.02,Default,,0000,0000,0000,,He wants Congress to adopt a clean energy standard Dialogue: 0,0:08:21.02,0:08:23.30,Default,,0000,0000,0000,,of 80 percent by 2030, Dialogue: 0,0:08:23.30,0:08:25.28,Default,,0000,0000,0000,,in other words, that you'd have to get 80 percent Dialogue: 0,0:08:25.28,0:08:28.93,Default,,0000,0000,0000,,of your energy from clean sources by the year 2030. Dialogue: 0,0:08:28.93,0:08:31.63,Default,,0000,0000,0000,,Why not ask all of the states to do that instead? Dialogue: 0,0:08:31.63,0:08:33.62,Default,,0000,0000,0000,,And imagine what might happen, Dialogue: 0,0:08:33.62,0:08:35.61,Default,,0000,0000,0000,,because every region has something to offer. Dialogue: 0,0:08:35.61,0:08:38.59,Default,,0000,0000,0000,,You might take states like Iowa and Ohio -- Dialogue: 0,0:08:38.59,0:08:40.61,Default,,0000,0000,0000,,two very important political states, by the way -- Dialogue: 0,0:08:40.61,0:08:42.50,Default,,0000,0000,0000,,those two governors, and they would say, Dialogue: 0,0:08:42.50,0:08:45.21,Default,,0000,0000,0000,,we're going to lead the nation in producing Dialogue: 0,0:08:45.21,0:08:47.81,Default,,0000,0000,0000,,the wind turbines and the wind energy. Dialogue: 0,0:08:47.81,0:08:50.98,Default,,0000,0000,0000,,You might say the solar states, the sun belt, Dialogue: 0,0:08:50.98,0:08:54.68,Default,,0000,0000,0000,,we're going to be the states that produce solar energy for the country, Dialogue: 0,0:08:54.68,0:08:56.85,Default,,0000,0000,0000,,and maybe Jerry Brown says, "Well, I'm going to create Dialogue: 0,0:08:56.85,0:08:59.03,Default,,0000,0000,0000,,an industry cluster in California Dialogue: 0,0:08:59.03,0:09:00.87,Default,,0000,0000,0000,,to be able to produce the solar panels Dialogue: 0,0:09:00.87,0:09:02.52,Default,,0000,0000,0000,,so that we're not buying them from China Dialogue: 0,0:09:02.52,0:09:04.38,Default,,0000,0000,0000,,but we're buying them from the U.S." Dialogue: 0,0:09:04.38,0:09:07.81,Default,,0000,0000,0000,,In fact, every region of the country could do this. Dialogue: 0,0:09:07.81,0:09:11.92,Default,,0000,0000,0000,,You see, you've got solar and wind opportunity all across the nation. Dialogue: 0,0:09:11.92,0:09:15.92,Default,,0000,0000,0000,,In fact, if you look just at the upper and northern states Dialogue: 0,0:09:15.92,0:09:18.10,Default,,0000,0000,0000,,in the West, they could do geothermal, Dialogue: 0,0:09:18.10,0:09:20.41,Default,,0000,0000,0000,,or you could look at Texas and say, Dialogue: 0,0:09:20.41,0:09:23.78,Default,,0000,0000,0000,,we could lead the nation in the solutions to smart grid. Dialogue: 0,0:09:23.78,0:09:27.87,Default,,0000,0000,0000,,In the middle eastern states which have access to forests Dialogue: 0,0:09:27.88,0:09:30.21,Default,,0000,0000,0000,,and to agricultural waste, they might say, Dialogue: 0,0:09:30.21,0:09:32.81,Default,,0000,0000,0000,,we're going to lead the nation in biofuels. Dialogue: 0,0:09:32.81,0:09:35.32,Default,,0000,0000,0000,,In the upper northeast, we're going to lead the nation Dialogue: 0,0:09:35.32,0:09:38.19,Default,,0000,0000,0000,,in energy efficiency solutions. Dialogue: 0,0:09:38.19,0:09:41.16,Default,,0000,0000,0000,,Along the eastern seaboard, we're going to lead the nation Dialogue: 0,0:09:41.16,0:09:42.98,Default,,0000,0000,0000,,in offshore wind. Dialogue: 0,0:09:42.98,0:09:45.56,Default,,0000,0000,0000,,You might look at Michigan and say, we're going to lead the nation Dialogue: 0,0:09:45.56,0:09:49.45,Default,,0000,0000,0000,,in producing the guts for the electric vehicle, like the lithium ion battery. Dialogue: 0,0:09:49.45,0:09:52.86,Default,,0000,0000,0000,,Every region has something to offer, Dialogue: 0,0:09:52.86,0:09:55.18,Default,,0000,0000,0000,,and if you created a competition, Dialogue: 0,0:09:55.18,0:09:59.30,Default,,0000,0000,0000,,it respects the states and it respects federalism. Dialogue: 0,0:09:59.30,0:10:02.86,Default,,0000,0000,0000,,It's opt-in. You might even get Texas and South Carolina, Dialogue: 0,0:10:02.86,0:10:05.52,Default,,0000,0000,0000,,who didn't opt into the education Race to the Top, Dialogue: 0,0:10:05.52,0:10:07.93,Default,,0000,0000,0000,,you might even get them to opt in. Why? Dialogue: 0,0:10:07.93,0:10:10.48,Default,,0000,0000,0000,,Because Republican and Democratic governors Dialogue: 0,0:10:10.48,0:10:12.13,Default,,0000,0000,0000,,love to cut ribbons. Dialogue: 0,0:10:12.13,0:10:16.44,Default,,0000,0000,0000,,We want to bring jobs. I'm just saying. Dialogue: 0,0:10:16.44,0:10:19.06,Default,,0000,0000,0000,,And it fosters innovation at the state level Dialogue: 0,0:10:19.06,0:10:21.53,Default,,0000,0000,0000,,in these laboratories of democracy. Dialogue: 0,0:10:21.53,0:10:25.83,Default,,0000,0000,0000,,Now, any of you who are watching anything about politics lately Dialogue: 0,0:10:25.83,0:10:28.59,Default,,0000,0000,0000,,might say, "Okay, great idea, but really? Dialogue: 0,0:10:28.59,0:10:31.22,Default,,0000,0000,0000,,Congress putting four and a half billion dollars on the table? Dialogue: 0,0:10:31.22,0:10:33.49,Default,,0000,0000,0000,,They can't agree to anything." Dialogue: 0,0:10:33.49,0:10:36.79,Default,,0000,0000,0000,,So you could wait and go through Congress, Dialogue: 0,0:10:36.79,0:10:39.36,Default,,0000,0000,0000,,although you should be very impatient. Dialogue: 0,0:10:39.36,0:10:47.27,Default,,0000,0000,0000,,Or, you renegades, we could go around Congress. Dialogue: 0,0:10:47.27,0:10:48.83,Default,,0000,0000,0000,,Go around Congress. Dialogue: 0,0:10:48.83,0:10:55.46,Default,,0000,0000,0000,,What if we created a private sector challenge to the governors? Dialogue: 0,0:10:55.46,0:11:00.42,Default,,0000,0000,0000,,What if several of the high-net worth companies Dialogue: 0,0:11:00.42,0:11:04.80,Default,,0000,0000,0000,,and individuals who are here at TED decided Dialogue: 0,0:11:04.80,0:11:08.33,Default,,0000,0000,0000,,that they would create, band together, just a couple of them, Dialogue: 0,0:11:08.33,0:11:11.89,Default,,0000,0000,0000,,and create a national competition to the governors Dialogue: 0,0:11:11.89,0:11:14.15,Default,,0000,0000,0000,,to have a race to the top Dialogue: 0,0:11:14.15,0:11:16.82,Default,,0000,0000,0000,,and see how the governors respond? Dialogue: 0,0:11:16.82,0:11:21.71,Default,,0000,0000,0000,,What if it all started here at TED? Dialogue: 0,0:11:21.71,0:11:24.36,Default,,0000,0000,0000,,What if you were here Dialogue: 0,0:11:24.36,0:11:29.71,Default,,0000,0000,0000,,when we figured out how to crack the code Dialogue: 0,0:11:29.71,0:11:35.16,Default,,0000,0000,0000,,to create good paying jobs in America -- (Applause) -- Dialogue: 0,0:11:35.16,0:11:38.88,Default,,0000,0000,0000,,and get national energy policy Dialogue: 0,0:11:38.88,0:11:44.86,Default,,0000,0000,0000,,and we created a national energy strategy from the bottom up? Dialogue: 0,0:11:44.86,0:11:48.31,Default,,0000,0000,0000,,Because, dear TEDsters, Dialogue: 0,0:11:48.31,0:11:51.07,Default,,0000,0000,0000,,if you are impatient like I am, Dialogue: 0,0:11:51.07,0:11:54.63,Default,,0000,0000,0000,,you know that our economic competitors, Dialogue: 0,0:11:54.63,0:11:58.07,Default,,0000,0000,0000,,our other nations, are in the game Dialogue: 0,0:11:58.07,0:12:00.42,Default,,0000,0000,0000,,and are eating us for lunch. Dialogue: 0,0:12:00.42,0:12:04.97,Default,,0000,0000,0000,,And we can get in the game or not. Dialogue: 0,0:12:04.97,0:12:09.29,Default,,0000,0000,0000,,We can be at the table or we can be on the table. Dialogue: 0,0:12:09.29,0:12:11.71,Default,,0000,0000,0000,,And I don't know about you, Dialogue: 0,0:12:11.71,0:12:14.41,Default,,0000,0000,0000,,but I prefer to dine. Dialogue: 0,0:12:14.41,0:12:18.41,Default,,0000,0000,0000,,Thank you all so much. (Applause)