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1 big thing

Preparing for the next disaster

1 big thing

Axios

News

4.02K Ratings

🗓️ 1 March 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

The pandemic, the power grid failure in Texas, and many other catastrophic failures from the past year have made it clear that many of the systems we rely on are unprepared for the worst. Plus, how former President Trump and NY Gov. Andrew Cuomo will be affecting Washington this week. And, the mood in Minneapolis ahead of the trial over George Floyd's death. Guests: Axios' Felix Salmon, Mike Allen and Torey Van Oot. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Carol Wu, Nuria Marquez Martinez, Amy Pedulla, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. Go deeper: Protecting America against catastrophe Cuomo scandal snares Dems on #MeToo What we know about Minneapolis' security plans for Derek Chauvin's trial Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning. Welcome to Axios today. It's Monday, March 1st. I'm Nyla Boudou. Here's how we're

0:09.6

making you smarter today. A former President Trump and New York Governor Andrew Cuomo will be

0:14.2

affecting Washington this week, plus the mood in Minneapolis ahead of the trial over George Floyd's

0:19.6

death. But first, today's one big thing are failure to protect America from future catastrophes.

0:26.0

The pandemic, the power grid failure in Texas, really name your catastrophic failure from the

0:34.4

past year or so, which is made it clear that many of the systems we rely on as Americans are

0:39.4

unprepared for the worst. And as Axios' Felix Semmon has been writing, our infrastructure is failing

0:45.4

and future disaster events could stress our systems past the breaking point. Felix, there are a lot

0:52.2

of people whose job it is to basically worry about all of these things happening. In the US

0:58.4

government, whose job is that? Well, it's interesting you should say that, Nyla, because there are,

1:03.6

you're quite right, a lot of people who worry about these things. But I feel that what we lack in

1:08.0

this country is a person whose job it is to coordinate all of this. So there's any number of bits

1:16.3

of the Department of Energy, or the Department of Homeland Security, or FEMA, or almost any

1:22.8

government department you care to mention. What's harder to find is one person in the cabinet,

1:30.2

or near the cabinet, or cabinet adjacent, who can just basically coordinate all of that stuff and

1:36.8

make sure that everyone is pulling in the same direction. We also should be talking about state

1:41.7

and local government's ability to handle this. And the private sector, everything needs to be

1:47.6

coordinated, and you need to coordinate from the private sector, the city level, the state level,

1:52.2

the federal level, and that kind of coordination is what seems to be lacking. So there's this idea

1:57.7

that that's too expensive. And fixing something like our electrical grid is too expensive.

2:04.8

What I love about your story is that you reported that no one less than Warren Buffett has weighed in

2:11.2

when it comes to the electrical grid and how much this costs. And if this is something business

...

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