Barney Frank Quotes
A strong economy is perfectly consistent with concern for equity and economic justice.
He was referring to the success of the Clinton Administration.
Barney Frank, U.S. Congressman (Democrat, MA), ABC This Week, January 14, 2001
Sourced by: Eigen's Political and Historical Quotations
The only publication with a full time Poverty beat
At the time of this quotation, the nation had gone through more than 3 decades of enormous increase in prosperity for the wealthy, and modest gains for the highly skilled, technically trained workers. However, correcting for inflation, average salaries did not increase at all. The middle class was particularly hard hit. Only 20 percent of the population benefitted from the growth at all; however, the 1 percent had rarely prospered more. Kenworthy’s principle did not apply for this period of American history.
He was concerned that if steps were taken to protect the environment and they slowed or shrank economic growth, the burden would fall disproportionately on the poor.
FDR had as usual been attacked by the Chicago Tribune and other conservative newspapers. His assistant Raymond Moley drafted the response.
Barnett Frank is a former American politician. He served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013. A Democrat, Frank served as chairman of the House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd–Frank Act. Frank, a resident of Newton, Massachusetts, was considered the most prominent gay politician in the United States during his time in Congress.
