Ep 80: What is - and is NOT - in the Inflation Reduction Act feat. Kris Lance

Business leaders and decision makers and constantly in a race to keep up with the pace of change. That includes the competitive landscape, economic trends, and new legislation. Case in point: The Inflation Reduction Act of 2022. Despite its name, legislators on both sides of the aisle agree that this law is not about reducing inflation. So what is it about?

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Kris Lance, Senior Director at Una, for a recurring monthly conversation about current news stories. Kris has experience in multiple industries and has his finger on the pulse of the trends and topics that procurement, sourcing, and supply chain professionals need to be aware of.

 In this interview, Kris and Kelly talk about the implications of the Inflation Reduction Act:

• What connections are there between deficit spending and inflation, and how will this bill potentially affect the economy?
• How do the climate-related provisions of the act play out in reality given our current manufacturing capabilities?
• How are busy people leading ‘ordinary’ lives supposed to keep up with today’s rapid pace of change?