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Wednesday, May 6, 2009

Weed saving our economy?

So i was wondering the internets and went to msn.com...a place that you know as a good news site so things on there are usually relatively big stories...well really big on the front page i noticed a massive bag of pot and the title "A budget cure: Marijuana taxes?" SOOO i got to reading and well ill stick some direct quotes in here..but i think they are getting serious about this..
"In the early 1930s, one of the reasons that alcohol was brought back was because government revenue was plummeting," Harvard economist Jeff Miron said. "There are some parallels to that now."

"George Mason University's School of Public Policy, valued the American marijuana trade at $113 billion annually. / the federal government and the states were losing almost $42 billion a year by keeping marijuana illegal, "

"It's a very large, significant economic phenomenon, and it is diverting an incredible amount of money from the taxable economy," Gettman said."

This on is my favorite...

"The Obama administration seems to be inching toward a more permissive stance on marijuana."

SOOO basically what they are saying through out the article is it would bring alot of money back to the economy and create more jobs. The article says obama is inching towards the idea but if you watch the videos he says of course not!! with a wink wink almost feel to it. i dont know what washington is up to right now.. but I just want to know how you peoples feel abot it?? do you think it will stimulate the economy?? I do urge you to go read the article.. the link is here go read..And SHyeah...Interesting stuff


http://articles.moneycentral.msn.com/Investing/StockInvestingTrading/a-budget-cure-marijuana-taxes.aspx?gt1=33002

1 comments:

Becky said...

I love that you are inviting discussion and reading the news. What a relevant and wonderful topic. I'll try to read the article as soon as I am able.