Saturday, November 6, 2021

Biden Discusses Infrastructure Bill Passage

President Biden discusses infrastructure bill in the video below.  You can read the bill fact sheet HERE. I'm not going to get into all the controversy around big government spending. I'm of the mindset that if you are going to spend money you should make every penny count and create as many "net positives" as possible. The goal should always be to hedge and include business investments to maximize and stretch those dollars. If it does..."great" if it doesn't "not great". Waste in any form should be carefully watched.

In general, we should avoid government solving our problems. We should be as independent as possible and solve our problems at the closest place to community decision making. At the same time, government sets larger national policy and in turn will steer resources where leaders feel it should go (We are facing some threats right now and must do something no matter who is the president. So if we are going to spend money then lets have everyone aim for a emerging digital transformation/economic reemergence vision to maximize cross structure efforts. i.e. synergy.). 

We do need to do something to ensure we are staying competitive and what we do now will be fundamental to where we are in 10 or 20 (even 2 years and 5 years out). Most experts are under agreement that we need better infrastructure, are behind on digital development, need to update our military, etc... its now probably the time to start doing that. There are likely a number of different ways to update nationally but at this moment I think this is the leading plan offered. (As a process of watching and understanding politics and making some personal observations I think this is one of the reasons why the bill was separated from some of the other less "sellable" ideas/parts from a bi-partisan standpoint. I'm not a political expert...just watching, learning and sharing. Many would come to different conclusions I'm sure. Its a conversation of sorts.)

Here is the speech no matter which side of the discussion you are on......

No comments:

Post a Comment