So my new neighbor down the street thinks that America would not benefit from legalization. I beg to differ, as do countless prominent economists (including my man from Corporate Finance 310, Venkat Subramaniam). Check this out for further empirical evidence on the subject.
Essentially, legalization would transfer all the profits from current black market drug dealers to the government (who could use the cash to fund their enormous spending/stimulus plans).
In addition, we could reallocate the resources currently consumed by law enforcement of drug laws towards the prevention or prosecution of more serious crimes.
Come on Barack, you used to be cool, man.
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2 comments:
I agree with Obama. If weed was legalized it wouldn't be cool anymore and I'd have to start taking acid everyday...again.
i never knew Venkat was down with legalization. maybe if i'd actually gone to class every once in awhile i could have participated in that discussion...
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