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What’s Worse, Hillary Clinton’s Economic Illiteracy or Her Support for Prohibition?

What’s Worse, Hillary Clinton’s Economic Illiteracy or Her Support for Prohibition?

Posted on February 10, 2011 by Dan Mitchell

We have another great video from Reason TV, which mocks Secretary of State Hillary Clinton for stating that drug legalization is a bad idea because “there is just too much money in it.”

The video explains that government-imposed prohibition is what makes the drug market so lucrative, just as alcohol prohibition lined the pockets of people like Al Capone in the 1920s.

The Secretary of State’s statement is absurd, but perhaps not too surprising since people from this Administration routinely say preposterous things (such as claiming that a giant new entitlement program will reduce red ink and asserting that nobody’s taxes have been increased).


Drug War Economics prohibition
February 10, 2011
Dan Mitchell

Dan Mitchell

Dan Mitchell is co-founder of the Center for Freedom and Prosperity and Chairman of the Board. He is an expert in international tax competition and supply-side tax policy.

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