There's a lot of other advantages
of repairing things
other than just the obvious.
Repair is what lets us keep
our older devices in use,
and it allows a secondary market
for the products that we want to resell.
And secondary markets
are why used equipment is so affordable
because the used seller
has to compete with new.
So if a new gadget is 1,000 dollars,
we expect a pretty big discount
to buy that same item used.
Let's start with 50 percent.
So now we have an affordability capability
that is central to crossing
the digital divide.
We had five million students
that went to virtual school this past year
that didn't have enabling technology.
And that's because parents
and school districts couldn't buy new.
We still have a lot of chip shortages,
and these are going to be
with us for a while.
And I think we have to think very
seriously about doing more repair,
not just to make things last longer
but also to be more resilient
as an economy.
Repair is also a point of entry
for a lot of our engineers and innovators.
I heard Steve Wozniak
speak very recently --
Apple Steve Wozniak --
He spoke very recently
about his growth and development
at a time when he was repairing
things as a kid.
And it was central
to his development as an engineer.
He grew up pretty much
the same time I did,
where repairs were very ordinary.
Consumers were empowered to take
their vacuum tubes to the local store,
plug them in and see if they work
and then buy a replacement on the spot.
And there were lots of options for repair
within the community
to help with the more
difficult challenges.
I think you've probably noticed
that these mom and pop
businesses disappeared
or all but disappeared in our communities.
And it’s not because we don’t want
to fix our stuff,
it's because they were not allowed to buy
the essential repair materials
that enabled them to stay in business.
So if we can back that back
and make it possible
for our local repair shops
to buy parts and tools,
then those businesses will come back
and they will bring back with them
jobs that feed families.
And our nerdy kids will be
able to open things up,
figure out how they work
and become the engineers
and innovators of our future.