Posted on 09/30/2022 6:27:55 AM PDT by Drango
New findings by the American Cancer Society (ACS) found cumulative economic losses from cigarette smoking topped $891 billion in 2020, or 4.3% of the United States Gross Domestic Product. The economic loss significantly outpaced the cigarette industry's $92 billion revenue by nearly a ten-to-one ratio. The study was published today in the journal The Lancet Public Health.
This economic modeling study is one of the first to provide a comprehensive measure of economic loss from cigarette smoking on a state-by-state level. On average, states lost $1,100.00 per capita income annually from cigarette smoking. Kentucky ($1,674.00), West Virginia ($1,605.00) and Arkansas ($1,603.00) suffered the largest per capita income losses, while Utah ($331.00), Idaho ($680.00) and Arizona ($701.00) had the smallest per capita income losses. ~snip
“Lots of money, except the ending of smoking is the MAIN REASON that Medicare and Social Security are broke. Seems that smokers lived shorter (greatly helping Social Security) and died before needing tons of medical care (greatly helping Medicare).
There’s also the claim, at least, that smoking lowers appetite and may well be a factor in the explosion of obesity, diabetes, and all of those related costs.
So, if a COMPLETE study was to be done, the results might just be flipped, and a lot more than a relatively tiny $1T.”
Yep, absolutely. The Swiss figured this out years ago. The savings from shorter life spans far far outweighed the costs of smoking.
Smokers pay their own way. They die sooner.
Cigarette taxes help fund health care so you need people to smoke.
Womb to the tomb-saved by cigarettes. Heard it somewhere.
Economic losses and deaths from fake experimental “vaccines” far outweigh any economic benefit from the pharmaceutical industry.
Exactly. The billions spent on homosexual diseases greatly dwarf what little has ever been spent on smoking diseases.
Kramer? Is that you?
My friend was a smoker and the leftists came for him and his spouse. When the leftists come for the drinkers of alcohol at least the drinkers of alcohol will have clear lungs ?
But pot will be just fine and dandy and legal everywhere.
Clear lungs but troubled livers?
Taxes
My thoughts exactly.
The beautiful thing about smoking is that it kills you shortly after reaching retirement age. You don't get to collect benefits for decades.
And studies have shown that for most people, the lifetime bulk of our medical expenses occur in our last two years of life, whether you're 62 and dying of lung cancer or 92 and dying of just plain being old.
I'd bet if you crunched all the numbers, smoking actually saves money.
Your screen name is wonderful.
“The reason I lived so long—I always made money for my partners.”
;-)
Economic losses from excessive regulation far outweigh any economic benefit from climate science
See, this can be fun. :)
There is a lot of oversimplification on this thread.
The world is not divided into “smokers” and “non-smokers”.
The “smokers” may smoke several packs a day, a pack a day, a few smokes a day, one smoke a day, one smoke a week.
There is a huge difference of health effects depending on quantity.
The public policy discussion on this topic is bizarre at best.
A true economist would ask that question. And also ask why we are stampeding to legalize drugs.
The tobacco industry would disagree.
Retarded liberals still pissed off at the Tobacco growers who supported Republicans all those years. It’s not a coincidence that the communist RATS declared war on “Big Oil” and “Big Tobacco”. The fact that Republicans don’t have any money for this election is proof of that.
How much of Algore’s wealth came from Tobacco?
I’d say no; that air would choke smokey bear.
I can't believe I am still alive. I have been dying from the same heart attack for the last 50 years. :>)
Gotta admit... I’m still huffing 2 pls a day +- and at $9.25 a ok now here in MI, I cuss myself out every purchase!! But ill quit soon!!
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