In 2008 our country fell into a recession that we have been struggling to recover from. Current unemployment remains around 8% and our national deficit is climbing to numbers we have never seen before. In 2010 we reached $10 trillion in debt and were concerned. Today we have over $16 trillion of debt and that number is only expected to rise . The future looks grim, but what if there was a way to address both issues and start making a modest recovery.
Illegal drugs are used in the United States and have been for many years. As of 2011 it was reported that over 22 million Americans use illegal drugs. That is almost 9% of the population! Why not use illegal drugs as an opportunity for the country’s growth and economic state.
My modest proposal is to legalize all drugs and sell them to everyone, especially young adults!
Legalizing drugs and making them accessible to everyone would be the perfect solution. Drugs would not be illegal so government spending on police and prevention would be minimized. Instead, drugs could be a source of government income. The government could instill a tax on drugs and make large returns. This inflow of taxes could then be used to address our national debt. Who knows, we may be able to run a surplus one of these years!?? As for the economy, a whole new market would be created with opportunities for business. Employment and businesses would be created and this could spark a growth in the economy! Wall Street could get involved and trade drugs. It would take commodity trading to new levels. Who would be against such a benefiting proposal? More Americans would have jobs, business opportunities would prosper and government money on prevention of drugs would be minimized.
In reality, people who want and need drugs today are able to get them anyway. As I said, around 9% of the US population uses illegal drugs. That is a large portion of the country, and an opportunity for the government to make a good inflow of money. Why should we miss out on an opportunity to make some revenue off of these people and help the country’s economy while doing it! The United States legalized alcohol and its become a great source of income while boosting the economy as well.
As for who to target with this new market and source of revenue, I suggest going right to the age group that will provide the most use and revenue. I advice focusing sales of drugs to young teens and adults. They are the most susceptible and if they can be hooked on drugs early enough, it will provide years of taxes and revenue for the country. Imagine getting a 12 year old hooked on cocaine, that could provide 70+ years of sales from just one person. Additionally, this younger age group of about 18-25 years has been the most likely to use illegal drugs and become dependent, so there is clearly market opportunity with great benefits.
The United States needs to boost its economy and start minimizing its national debt. We have an opportunity to create a whole new market that can aid in resolving these larger issues. There is a need for illegal drugs and people have been able to acquire these drugs through foreign countries and black markets. Why should we allow these groups to reap the benefits of addicts? The United States should get in the game and start benefiting from the issue. Lets legalize drugs and instill high taxes to reap as much money as possible.