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   From: brock.mcnuggets@gmail.com   
      
   Trump outside the White House on Dec. 17. (Marvin Joseph/The Washington   
   Post)   
   I was chief economist at President Donald Trump’s Office of Management and   
   Budget during his first term, and I agree with Matthew Lynn’s Jan. 15   
   online op-ed, “We should feel nostalgic for the first Trump term.”   
   What made the first Trump administration successful on affordability was   
   supply-side reforms that trusted markets to work. Cutting regulations,   
   boosting domestic energy production, providing tax relief and promoting   
   competition to lower prices all proved effective.   
   That’s why it is troubling to see the president flirting with policies   
   straight out of the Democratic Party’s playbook in his second term,   
   particularly over the past few weeks.   
   Price controls on credit card interest rates may sound populist, but   
   decades of evidence show they reduce access to credit, especially for   
   lower-income and higher-risk borrowers.   
   Banning institutional investors from buying single-family housing would   
   reduce capital flowing into housing markets, shrink supply, and ultimately   
   raise costs for renters and buyers. Housing affordability improves when we   
   build more homes, not when we restrict who can finance them.   
   Trump’s first term showed that market-driven solutions work. Returning to   
   those principles is the surest path to restoring affordability and economic   
   growth.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)