Posted March 3, 2015
NY Times: Sometimes, even the supposed experts can lose track of a billion dollars or two. Or, in this case, $100 billion.
While few outside of Texas and North Dakota are complaining about this huge savings that consumers have enjoyed since energy prices began falling last summer, economists have been stumped recently trying to figure out exactly what consumers are doing with the windfall.
Jane Van Ryan
Posted June 11, 2009
One of the most difficult tasks in Washington is connecting the dots. What I mean is this: advocates who have staked out positions on various issues often focus on the minutiae of proposed legislation, fight to have certain language included in bills on political or ideological grounds, and neglect to consider how American consumers could be affected. Occasionally, this inability to step back and see the real-life consequences of legislation creates laws that make little sense and are costly to the taxpayers.