People are losing their jobs, the government is bailing out whole industries, consumer confidence is at an all time low, and the general consensus is that the U.S. could be sliding into a depression. However, all hope is not lost yet, the country still has a healthy appetite for illegal drugs and that could assist in our economic reboundâ€”assuming its citizenry matures and finally considers legalizing them. Even the Economist weighs in, arguing that ending the prohibition might be the “least bad policy.” But, don’t get it twisted yo, they’re apprehensive about the “L-word”:
â€œLeast badâ€ does not mean good. Legalisation, though clearly better for producer countries, would bring (different) risks to consumer countries. As we outline below, many vulnerable drug-takers would suffer. But in our view, more would gain.
Like Prohibition in the 1920’s, the current so called War On Drugs is only creating more Al Capones and Kennedys:
Indeed, far from reducing crime, prohibition has fostered gangsterism on a scale that the world has never seen before. According to the UNâ€™s perhaps inflated estimate, the illegal drug industry is worth some $320 billion a year.
If the lesser of two evils means reaping the economic benefits from our true national pastime, evil is sounding pretty damn good right now! |Economist|