To mark the launch of EconomistMom.com, the Seattle
Post-Intelligencer provided Dr. Rogers with a guest columnist opportunity.
article in its entirety can be found below.
'Economistmom' wakes up to fiscal reality
By Diane Lim Rogers
Seattle Post-Intelligencer – May 11,2008
The day after our au pair had been committed to a psychiatric facility, I walked into my staff director's office and told him I had to leave Capitol Hill. The two months of living with a person falling into mental illness had served as an exhausting yet startling wake-up call that forced my family to re-evaluate both our child care needs and our budget. For 14 years, we had been on autopilot -- each year renewing our contract with the au pair agency, finding our next au pair and paying for full-time care. With the oldest of our four kids now 16, circumstances and common sense told us it just wasn't worth it anymore.
It was a wake-up call for my professional life as well. I had to leave the Hill, but I wanted to continue working on the policy issues I'd focused on throughout my career -- the economics of government budgetary policy and more specifically, the wisdom of fiscal discipline. In that respect, my chief economist position at the House Budget Committee had been an ideal fit. But I had been disappointed in how difficult it proved to sell the members of Congress on "doing the right (fiscal) thing." Although fiscal responsibility appeals to common sense, many policymakers feel it lacks political sense.
A couple years ago, I worked at The Brookings Institution and participated in The Concord Coalition's Fiscal Wake-Up Tour, traveling across the country to advocate for fiscal responsibility, with then Comptroller General David Walker, Concord's Bob Bixby and other scholars from Brookings and The Heritage Foundation. The tour has been going on for nearly three years now. Cynics can point to continued budget deficits, but the tour is making a difference exactly where it was intended -- from the ground up -- and the public is now more supportive of politicians who do the right (fiscal) thing than the politicians themselves yet realize.
So, faced with my own personal and professional wake-up calls, I accepted an invitation from The Concord Coalition to join its staff as chief economist and reunite with the Fiscal Wake-Up Tour. Related to my official duties on my new job, today I launch a blog using my dual credentials as a Ph.D. economist and a mom. EconomistMom.com is a place where analytical rigor meets a mother's intuition.
EconomistMom.com will discuss a wide variety of issues from this dual perspective, with fiscal responsibility figuring prominently. Here's a sample of some fiscal policy lessons that emerge from the EconomistMom.com perspective:
If the federal government is going to turn around the fiscal train before it wrecks, it will need to start to budget more like responsible parents do -- heeding the basic math, using common sense and being good stewards. EconomistMom.com will promote this way of thinking, and it's my Mother's Day wish that such "waking up" will be contagious.
Diane Lim Rogers ("EconomistMom") is a mother of four and the first chief economist of The Concord Coalition, a nonpartisan, grassroots organization advocating generationally responsible fiscal policy. From January 2007 to April 2008 she served as chief economist for the House Budget Committee.
The Concord Coalition is a nonpartisan, grassroots organization dedicated to balanced federal budgets and generationally responsible fiscal policy. Former U.S. Senators Warren Rudman (R-NH) and Bob Kerrey (D-NE) serve as Concord's co-chairs and former Secretary of Commerce Peter Peterson serves as president.