John Kenneth Galbraith, the great Canadian-American Economist who passed away in 2006 at the age of 97, said the following:
“I am not quite sure what the advantage is in having a few more dollars to spend if the air is too dirty to breathe, the water too polluted to drink, the commuters are losing out in the struggle to get in and out of the city, the streets are filthy and the schools so bad the young perhaps wisely stay away,
and hoodlums roll citizens for some of the dollars they saved in the tax cut.”
I’m not quite sure I see the advantage, either.
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