Nancy S. LindThinkers

The Democrat is largely of the belief that crises in the financial industry are primarily the result of reckless industry behavior, the inherent instability of financial markets, and inadequate government oversight.

The Democrat is more comfortable with using public programs to encourage economic growth.

The Democrat is of the belief that government is a progressive force for equity in society. Therefore, taking revenue away from the government in the form of tax cuts lessens the government's ability to make society fairer and more just.

The Democrat is of the belief that regulators possess sufficient knowledge to act effectively and are primarily concerned with protecting the interests of everyday financial consumers and investors.

The Democrat is of the belief that that the key to the progressive tax system is to shift the cost of government to the wealthy.

The Democrat is of the belief that the social and economic benefits of financial regulation are far greater than the total compliance costs paid by the financial industry.

The Republican is largely of the belief that government intervention in the financial industry undermines economic growth and stability.

The Republican is of the belief that attempts to limit risk taking within the financial sector reduces the supply of credit to new firms and small businesses.

The Republican is of the belief that government involvement in housing finance was the primary cause of the financial crisis of 2008.

The Republican is of the belief that regulators lack expertise and are concerned primarily with increasing their own power and resources.