There is the seen and the unseen. In Washington, Congress can quite literally be seen in action when it is in session. But when it’s in recess, like it has been for the past two weeks, Capitol Hill is somewhat of a ghost town. In economics one can also find the seen and the unseen
It’s spring break in Washington. Climb Capitol Hill, ride the Metro, or visit the National Mall, and you’re bound to see packs of teenagers in identical t-shirts roving the cityscape.
The morning of what President Trump referred to as “Liberation Day,” I found myself sitting at a conference room table across from a member of Congress and his Chief of Staff. The meeting had been scheduled several weeks prior as way to provide businesses with a progress report on the status of the reconciliation bill, tax policy, and deregulation.