Wednesday, February 10, 2021

Biden Meets with Business Leaders on Proposals (Feb. 9th, 2021)

 This was from yesterday but still very important to understand. Presidents often meet with business elites to help vet and create policy. Industry often has something to say about current policies and solutions to problems they have been struggling with for some time. Large companies should be one source out of a number of sources when dealing with complex issues like a budget or policy making (Trump and Biden meet with industry leaders).

While large corporations are convenient and willing to provide input it is often beneficial to ensure that you have multiple pathways to gaining information. For example, small business associations, law makers, scientific literature on prior implementation (even in other countries), etc...add up to create a triangulated point of view using multiple vantage points. 

Triangulation is excellent for improving validity as it takes into account independent sources of information that can be cross analyzed. In this case, going to business outside of lawmakers themselves provides for some meaningful input to choose between options. A few more and one could say they looked at it (i.e. any problem, policy, budget) from different industries and perspectives. 

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