ECON 210 Microeconomics

ECON 210 Microeconomics - Sweet Jane 1 ECON 210...

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Sweet Jane 1 ECON 210 Microeconomics Final Essay Embry-Riddle Aeronautical University Sweet Jane Dr John Mundy Vincent Siegrist May 12 2009
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Sweet Jane 2 The call to legalize marijuana has been going on for decades, but it is only recently that support for the move has been gaining on Capitol Hill. As more and more states have put fourth legislation to decriminalize or legalize marijuana prominent politicians such as former presidential candidate Rep. Ron Paul (R-Texas) and Rep Loretta Sanchez (D-Calf.) have made comments in support of legalization. There are a number of reasons why. First there are the economic reasons, national security reasons, and health reasons. [The Hill, 2009] Let’s start with the economics, it cost the tax payers an estimated 10 billion dollars annually to enforce the prohibition of marijuana and it has resulted in more than 872,000 arrests. This is more than the total number of people arrested for violent crimes like rape, murder, robbery and assault. 89 percent of those arrested were charged with possession only. As the country is dealing with prison overcrowding. Think how the situation would be if you eliminated the non-violent drug offenders from there population? This would also free up law enforcement officers for more important duties. It is estimated that Americans spend 58 billion dollars on marijuana annually. If
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ECON 210 Microeconomics - Sweet Jane 1 ECON 210...

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