December 13, 2012
Opportunity Cost, Opportunity Lost
According to Wikipedia: “Opportunity cost is the cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen). It is the sacrifice related to the second best choice available to someone,...
December 12, 2012
General Washington
Newt Gingrich famously compared himself to the Duke of Wellington during the Budget wars of 1995-96. Wellington fought and eventually vanquished Napoleon during the Peninsular campaign in Napoleonic Wars in the early part of the 19th Century. John Boehner is...
December 11, 2012
Reinvent Our Tax Code
First published in The Hill. Isn’t it time that we reinvent our tax code? Negotiations over the so-called “fiscal cliff” have stalled over whether policymakers should accept 98 percent of the Bush tax cuts or 100 percent of the Bush...
December 11, 2012
Thinking Big; Thinking Small
Mike Simpson is thinking big. Barack Obama is thinking small. Simpson, an Idaho Republican, recently spearheaded a bipartisan letter in the House urging negotiators to go big when dealing with the financial cliff. Mike is no Johnny come lately in...
December 10, 2012
Practical Religion
Funny story. There are six and half years between my son Jack and my daughter Molly. When we were getting ready to take Molly home from the hospital for the first time, we were a little out of practice on...
December 7, 2012
Leaving
When I first left the lobbying world to rejoin the public sector, Haley Barbour, who was my boss at the time, said that it would far better to know John Feehery than to be John Feehery. That’s not exactly true,...