Delaney Infrastructure Bill Praised in Forbes
December's edition of Fortune featured an op-ed by Alan Murray on the need for more elected officials with a businessperson's point of view. Murrary writes:
I voted in the midterms, but it wasn’t very satisfying. I used to think elections were the way we addressed society’s most pressing problems. No longer. Now they are like sporting events: 53–47. Go, team.
There are, of course, plenty of pressing problems and some outsize opportunities that could use serious bipartisan attention. Republican and Democratic leaders could, if they were so inclined, devise a long-term growth strategy that addresses education, regulation, immigration, and taxation in practical and non-ideological ways. Maryland congressman John Delaney, a Democrat and a successful businessman, has a proposal to finance improvements in infrastructure with repatriated corporate earnings that is an example of a smart policy that offers political benefits to both sides.
I could give other examples—but why bother? If recent elections are any guide, our politicians will spend a few days feigning bipartisan intentions and then revert to norm. Washington’s ambitions have tapered to the vanishing point.