"We are dealing with a very difficult problem. Given the dimensions of the problem, I believe we have done a good job. It includes genuine compromises."
Barney Frank, in praise of the financial bailout deal, spouts some abstract political philosophy. I'm glad they've settled it, if they've settled it, and I hope it works.
But is it true that complicated problems require complicated solutions? Is it true that compromises are the mark of a good plan?
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