Repealing Tax Cuts Equals a Tax Increase

Every profession has its unofficial list-of-things-you-don’t-say, and politics is no exception. A leading entry: Never call for a tax hike. At least, not by name. Instead, do what the Democratic presidential candidates do: Cloak your hike in the reassuring...

Limit Lobbying By Cutting Government

In their view, the traditional Washington career path — a stint in government followed by a lucrative job lobbying former colleagues — is inherently corrupt. Both candidates propose restrictions, including limits on the ability of former government...

Housing Hurdles: The Solution?

Once, after giving a talk, I was confronted by a lady in the audience who asked what some people regard as the ultimate question: “What is YOUR solution?” “There are no solutions,” I said. “There are only trade-offs.” “The...

Housing Hurdles in California

A new study shows that you need an income of about $104,000 to buy an average home on the San Francisco peninsula with a 20 percent down payment. Since the average price of a home in this area is more than half a million dollars, the 20 percent down payment itself...

What Makes the Super Bowl “Super”

Hours before the Green Bay Packers defeated the New England Patriots 35-21 in Super Bowl XXXI on January 26, 1997, I overheard a supermarket cashier greet a coworker with a salutation I’d not heard before: “Happy Super Bowl Sunday.” That incident had...

Senator John Edward’s “Special Interests”

This election year we are sure to hear a lot about “special interests.” Candidates of both major parties, as well as candidates of third or fourth parties, are sure to denounce special interests both hotly and repeatedly. The secret of these verbal...

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