This question is about the role of the general environment $($PEST factors$)$ on businesses and their strategies. The Inflation Reduction Act $($IRA$),$ P$.$L$.117-169,$ became law on Aug. $16,2022.$ It is a recent political factor impacting businesses operating in the United States. As the name entails, the bill was enacted to reduce inflation. Some criticized it as another round of spending in an already inflated economy, while others saw it as necessary for the country's future. Briefly discuss what the IRA is and why it was implemented. Take a stance either in favor or opposition to this act. Discuss why you think it is good$/$bad for the companies.