Legislative Patience Is A Virtue . . . But Few Are Virtuous
By Pejman Yousefzadeh Posted in Congress | Economy | Housing Crisis — Comments (0) / Email this page » / Leave a comment »
I forget where it was that I read it, but the standard response to any particular crisis of the moment seems to pattern itself after the following line of thinking:
- Something must be done.
- This is something.
- Therefore, this must be done.
This is the line of thinking that is leading Congress to devise solutions to the housing crisis. If we legislate in haste, we repent in leisure. But don't try telling Representatives and Senators that. Between re-election challenges and the continuing belief that government possesses some kind of grand and unfathomable capability to solve any and all problems afflicting society, legislating in haste appears to be the order of the day.