Quote:
Originally Posted by Schneed10
What a dismal understanding of supply and demand you have.
|
You say it's dismal, yet you proceed to confirm everything I wrote with regard to the drop in price due to the laws of supply and demand.
And you're right, since the act of growing a weed in your backyard is somewhat less complicated than micro brewing, that does make your comparison to Anheuser-Busch rather asinine.
Quote:
|
Originally Posted by Schneed10
If legalized, it would be American companies like Phillip Morris trying to grow it here in the states competing against Columbian growers who have much lower labor costs, lower costs of land, and require no new capital investment. The high supply of weed in the market, and increased competition between companies like Phillip Morris and overseas growers will push the price WAAAY down. Competition will push the price down so far that South American growers will be able to drop their prices below the point at which Phillip Morris could cover their costs. The South Americans would still turn a profit even on their lower margins, simply because the costs are so much lower. Phillip Morris's margin would be so bad they'd be forced out.
|
Exactly. Big Business may not rush to enter into the market for marijuana production. Since it's a weed, people don't have to be agriculture experts to grow it. More confirmations of my post. I guess "effing" business school isn't all it's cracked up to be.
Quote:
|
Originally Posted by Schneed10
The affect on our currency in the global market would not be anywhere close to being offset by savings on law enforcement and all that crap. The government wouldn't cut back costs on law enforcement, they'd just redirect their attention to other issues. The government doesn't have competition like business does; there's no incentive for them to cut police officers or border control agents.
|
I never said the government would "cut police officers or border control agents." Do you have any idea how much money the United States Government spends on the War on Drugs? I don't have the figures at my fingertips, but I can assure you the number contains lots of commas.
Is it your position that a redirection of resources away from the investigation, apprehension, prosecution, and incarceration of marijuana users wouldn't make for a wiser and more effective use of available funds? The fact that they concentrate their attention on crimes that actually infringe on the rights of others as opposed to vice type crimes contradicts that argument.
Ask your econ buddies what the total effect would be on our currency. I'd bet the difference would be minimal. Our country's overall economic strengths in just about every other area would offset any decline that you speak of.
At some point, I guess I will come to the realization that arguing with someone who admits to not using logic and objectivity is a pointless waste of time.