Barney Frank Quotes About Debate
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In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.
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Whenever people are being intellectually dishonest in debate, it is an implicit concession they have lost the fight
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You know, when I was in college, there was a big debate: Do unions raise wages? Well, with regard to industrial unions, there were arguments back and forth -- international competition. It is now clear, I think, that whether or not you think unions raised wages 50 years ago, the absence of unions and their weakness that is inflicted by anti-union public policy depresses wages. The fact is that people who are not represented, in the service industries in particular, are the victims of policies which depress their wages.
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In the West everybody recognizes the need for a private sector, pretty much, even the one Socialist group understands this now, and so there tends to be debate about how much public sector intervention you think is needed for a variety of reasons, and there are very important differences on party lines that should be fought out.
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