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  • Essay / Smoking: good for the economy? - 940

    Smoking, when you hear it, you automatically think of death, but imagine being in a world where smoking was actually good for the economy. What would the person's expression be? Smoking is one of the most harmful causes of death in the United States, but can it be good for the economy? In fact, it may seem unbelievable to some, but smoking is actually very good for the economy. Many studies have shown different types of facts about how smoking is wrong for the economy, but recent studies have shown that the more people smoke. , the sooner they will probably die. Due to people dying, the United States has to pay less money. Research has shown that Social Security, Medicare, and long-term health care costs would be reduced. So it is more acceptable to take care of people aged 70, 80 and above. Therefore, not only does smoking help make money in the United States, but it also helps make money for the economy. Economist Kip Viscusi has produced a multitude of figures showing that smoking represents a higher financial cost to the economy (Is Smoking Good). This study shows that for each pack of cigarettes smoked, the country achieves a net saving of at least 32 cents (Is Smoking Good). The Czech government also derives great social benefit from Philip Morris products. Philip Morris USA Inc. is the country's leading cigarette manufacturer (Philip Morris USA). For over 20 years, it has held the highest revenue, revenue, volume and market share in the cigarette industry in the United States (Philip Morris USA). Philip Morris USA Inc has been around for over 150 years and is still going strong. In 1854, Philip Morris made his fi...... middle of paper ...... a better place. No matter how you look at it, it may never be proven that smoking is 100% bad for the economy or 100% good for the economy. Smoking is in many cases odious for health, but can it be proven that it is odious for the economy? Works Cited Harris, Paul. “Smoking is good for you, as a taxpayer.” http://www.scoop.co.nz/stories/HL0210/S00123.htm. October 17, 2002. The web. February 4, 2010. Kuneman W. David. “Economic Losses from Smoking Bans in California and Other States.” http://www.smokersclubinc.com/economy.html. March 2005. The web. February 2, 2010.Perdida. “The Cultural and Economic Benefits of Smoking.” http://www.adequacy.org/stories/2001.7.22.11466.7770.html. July 22, 2001. Web. February 4, 2010. “What Diseases Can You Get from Smoking” http://www.smokefreeaces.com/what-diseases-can-you-get-from-smoking/. Internet. February 2 2010