English transcript

Let me give you an example.

The New York City school system, they spend $44,000 per student, $44,000.

That's 30% more per student than other big cities like Chicago, LA, and Boston.

And it's three times more than Miami and Houston.

And by the way, New York City doesn't get better outcomes.

So, listen, let me just say, if we ran Amazon the way New York City runs their school system,

your packages would take six weeks to arrive, we'd have to charge you a $100 delivery fee,

and then when the package did finally arrive, it'd have the wrong item in it anyway.