Via the Real Time Economics blog, Daniel Gross makes the point from my recent post on the profligate vs. the prudent better than I did in his Moneybox column on Monday, "A Tax Break for Bubble Heads." His vehicle is the legislation moving through Congress to provide tax breaks and assistance to the housing industry. Here's the key excerpt:
Congress
Feb
27
Main Bites Dog: Wall Street Talks, Washington Acts
Stan CollenderWall Street constantly complains about how Washington incessantly debates issues instead of acting on them. That's why its almost comical to watch the current situation as Wall Street continues to debate whether there is or will be a recession while Washington has already enacted legislation to deal with it.
Sep
07
The Case of the Missing Message, Episode 1
Stan CollenderMy day job is managing director in a communications agency. That means I spend a great deal of time thinking about what someone should say, how they should say it, and what will actually be heard by those who hear it.
I also just as frequently wonder why someone hasn't said something.

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