Richard McGahey

The New School

Contributor at Forbes

Economics, cities. @ColumbiaUP book Unequal Cities. Now @SCEPA_economics & @RacePowerPolicy, former DOL Asst Sec for Policy & ExecDir, Joint Economic Committee

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Articles

Andre Perry’s “Black Power Scorecard” Is Essential Reading, Especially Now

6 days ago | forbes.com | Richard McGahey

The Trump Administration continues attacking diversity, equity, and inclusion (DEI) programs, calling them “illegal and immoral” and using them as a rationale for cancelling millions of dollars in federal grants, firing federal employees, and leaning on universities and private businesses to halt DEI efforts. Now Brookings Institution scholar Andre M.
The Challenges To Racial Equity Budget Scoring

3 weeks ago | forbes.com | Richard McGahey

With the storm of anti-diversity, equity, and inclusion (DEI) policies unleashed by President Trump, and the subsequent retreat by federal agencies, companies, and universities, you might think DEI is finished as policy. But many states and cities—including Washington D.C., Chicago, and New York--remain committed to racial equity in their budgets and policies. They continue working through technical and administrative challenges while anticipating major conflicts with the Trump Administration.
Why Progressive "Myths" Distort Solutions to the Housing Shortage

1 month ago | publicseminar.org | Richard McGahey |Liviu Chelcea |Michael Inman |Mary Karmelek

Residential buildings in New York City | M_Makarov / ShutterstockIn January 2025, Urban Matters, Center of New York City Affair’s weekly journal of ideas and opinion, wrapped up a wide-ranging two-part interview with noted urban policy expert Richard McGahey on the likely impact of New York City’s newly adopted “City of Yes”’” zoning package intended to jumpstart housing production.
Democrats’ Distrust Of Trump And Republicans Drives Government Shutdown

1 month ago | forbes.com | Richard McGahey

With a government shutdown likely on March 14, President Trump and Congress are getting serious about preventing it—or at least discussing it. Congressional procedures mean avoiding a shutdown will require bipartisan support. But Democrats don’t trust Trump to keep any bargain he agrees to, making it hard to see what the solution might be. Shutdown Because Regular Congressional Budget Process Is BrokenWhy is a shutdown looming?
Trump And Republican Budget May Drain Medicaid To Pay For Huge Tax Cut

1 month ago | forbes.com | Richard McGahey

The House’s very aggressive budget plan for next fiscal year (starting in October) is the latest turmoil gripping Washington. The Republican budget plan calls for trillions of dollars in regressive tax cuts.
Trump, Republicans Confront Democrats Over March Government Shutdown

2 months ago | forbes.com | Richard McGahey

We are about to face a new crisis in Washington,—the federal government may shut down in mid-March because it isn’t legally authorized to spend beyond that date. Only prompt action by President Trump and Congress can prevent the shutdown. But the shutdown may happen because of battles between Trump and the Democrats over spending, and fights among the Republicans themselves. We Could Have A Government Shutdown In MarchFirst, the problem.
Addressing New York City’s Housing Crisis: “City Of Yes” Is Not Enough

2 months ago | forbes.com | Richard McGahey

As America’s housing affordability crisis continues, New York and other cities are taking steps to address the problem. I recently was interviewed about New York City’s approach by Bruce Cory for Urban Matters of the New School’s Center for New York City Affairs, an outlet for policy debate. Here are edited excerpts; you can read the full two-part interview here and here, and you should check out the other great work the Center is doing.
Impoundment: Can Trump Freeze Spending Approved By Congress?

2 months ago | forbes.com | Richard McGahey

As part of his barrage of executive actions upon taking office, President Trump has halted federal payments on potentially trillions of dollars in federal spending that Congress has already approved, a step known as “impoundment.” Can the President legally refuse to spend funds already authorized in law, or set additional conditions on them? And how is this battle likely to play out? Trump’s Impoundment Freezes SpendingTrump’s action is breathtaking in scope.
Three Myths About America’s Housing Gap That Prevent Solutions

Dec 20, 2024 | forbes.com | Richard McGahey

America’s ongoing housing gap is sparking heated debate among liberals and progressives about solutions. The YIMBY (Yes in My Back Yard, advocates for more housing construction) movement has won some victories, most recently liberalizing zoning to allow denser and more adequate housing, part of New York City’s “City of Yes.” But some progressives still fight adequate housing construction, clinging instead to three myths about why house prices are so high.
‘City Of Yes’: Promising But Won’t Solve New York Housing Crisis

Nov 30, 2024 | forbes.com | Richard McGahey

Like other American cities, New York is struggling to address its housing crisis. A decades-long failure to build enough housing is causing rents to skyrocket beyond incomes and wages. And overly expensive housing could have major negative effects on the city’s economy and population, with the burdens falling most heavily on low-income people. After decades of inadequate housing policy, New York is now moving forward with —zoning and other reforms aimed at increasing new housing construction.

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Rick McGahey @rickmcgahey

18 Apr 25

Amid the continuing attacks on DEI and @DonaldTrump claims of "anti-white racism," @andreperryedu of @brookings has a new book, "Black Power Scorecard" that is essential and timely reading. My review @forbes: https://t.co/ET6Ce4zXht

Rick McGahey @rickmcgahey

10 Apr 25

Richard Nixon: “I am not a crook.” Donald Trump: “ I know what the hell I’m doing!”

Rick McGahey @rickmcgahey

28 Mar 25

RT @tghilarducci: PhD student and SCEPA Fellow, Jess Forden presents "Who Pays for Elder Care? An Analysis of the Burden on Caregivers and…