Tuesday, March 25, 2003

“The opportunity costs are those that arise every time we make a decision to do one thing rather than another. By choosing to go to war, we are choosing to do less to solve our problems at home. We face a crisis in every state and local budget in this country -- in every school, every welfare program, and every part of public health care. We face a crisis of trust in our corporations, and a crisis of confidence in the profitability of future business investment. American households are facing in slow motion a crisis of household debts. Little will be done about any of this, so long as we are preoccupied with war”.

by James K. Galbraith


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