"Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom"

This quote by L. Neil Smith recommends that hardship is an issue that can be solved by eliminating taxes and regulations. Smith thinks that these taxes and regulations are preventing smart, capable, and responsible people from reaching their full capacity and therefore, hindering the economy from booming. He thinks that if these taxes and guidelines are abolished, then the economy will have the ability to thrive and hardship will be fixed. Smith's argument is that the government should not be hindering the potential of its residents, however rather, ought to be motivating them to reach their complete capacity. By doing so, the economy will be able to grow and hardship will be solved.