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Not to decide is to decide

  There are times to be reflective, and there are times to be decisive.  Reinventing New Orleans is a time to be decisive, because markets and people are moving, and now, nearly two months after...

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Political zugzwang and the OMB passback

A few weeks back, the Administration made a puzzling move whose deftness is becoming clearer the more I reflect on it.  By tabling a proposal to overhaul the tax code, the Administration has placed...

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GSEs: Fierce competition. Fierce

My sadistic high school gym teacher liked his charges to hurt.  In wrestling, which he occasionally made us do, his goal seemed to be to create pain (which he perhaps thought toughening).  Blood was...

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NNO: The curious incident of HUD at the hearing

Last week, as reported by the National Housing Conference’s extremely helpful Washington Wire   On December 8, the Housing and Community Opportunity Subcommittee of the House Financial Services...

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Supermarket sweepstakes: legislative budget scoring

For the time being, those making the Washington sausage have given themselves leave to spend whatever they think appropriate, but it was not always so, and it will not be so again.    Ready to spend...

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