Infrastructure and Reconciliation Bill (Government and Budgeting)

 Laws and legislature have a big impact on our business environment and they way in which we tackle our problems as a nation. I'm watching the news and trying to make sense out of some of the budgeting debates unfolding in Congress. I'm not going to go deeply into the politics of it all but I will say that the two bills sort of have different viewpoints/perspectives. One bill is focused on infrastructure and the other bill more on human elements. Its not easy to make choices over limited resources and we often must strive to do more with less but we must at some point make a choice. 

If you want to get up to speed quickly you can read CNN reporters Katie Lobosco's and Tami Luhby's article entitled 'Here's what's in the latest version of the bipartisan infrastructure bill'. 

You can also read the Infrastructure Investment and Jobs Act and Reconciliation Bill in their full. (Concerned citizens should read and make up their own minds what they like and don't like about each of the bills and whether they are worth funding or not. Government officials should make decisions in a manner that leads to the greatest amount of  net positives above and beyond the cost of the program.)

 

I'm not 100% sure I full understand the reconciliation bill and will spend a little time reviewing in greater depth (That doesn't mean I agree or not it just means I want to understand! Hype politics!😑). However, at this point I do support the Infrastructure Investment and Jobs Act in order to help push us to move our economy in the right direction. Our manufacturing moved overseas and our infrastructure began to crumble over the past few decades (Investment on economic fundaments will likely produce adjustment throughout the production chain.). 

Infrastructure investments often have significant high return rates and create the widest reaching impact dollars per dollar. The goal is to create as many net positives as possible and sometimes we have the ability to create additional advantages not initially expected in the individual parts of the plan ( Infrastructure Cross Structure Synergy.  Grading States, (2021) states that their research supports returns an approximate 15 to 45% return rate for key infrastructure projects (Assuming this and other data and studies support a high return rate for these investments it would make sense for both parties to get this one out of the way and then start discussing the other bill. Thinking of it from a practical perspective where both sides sort of win with this bill as separate. The other bill is likely to be a different kind of discussion with lots of variances in beliefs. ).

A couple of comments on the Reconciliation Bill. Its not so much that I agree or disagree as there are lots of different things in the bill that I haven't really be able to think about in terms of its full impact. Some will defiantly help and some wont likely make much of a dent without changing how we view certain pink elephant in the room sort issues (Sometimes the issue is our viewpoint and not the money itself. Changing our perspective to a more universal value system might make bigger changes in performance without actually spending money. See Hawthorn Effect and how positive treatment and focus can create greater performance improvements. High performance groups/society comes from treating people as though they are valuable and can perform versus prompting people by race and religion as to their lower values. Remember this concept I have been talking about as "All American" or "Something a little less". Its not as much a money thing as it is social prompting issue.). Because I haven't yet read the bill in significant page by page depth I can only say I think this bill in its present form may be difficult to sell as a single wrap it all in bill (We can wait and see🕘.).