Obama: Legalizing Pot Won't Grow Economy

(AP Photo/Ron Edmonds)
As CBS News' Chief Political Correspondent Marc Ambinder points out, the top-rated questions in the “budget” and “fiscal stability” sections of the submissions page concerned the legalization of marijuana.
(Here’s one: “With over 1 out of 30 Americans controlled by the penal system, why not legalize, control, and tax marijuana to change the failed war on drugs into a money making, money saving boost to the economy? Do we really need that many victimless criminals?")
Hotsheet did not expect President Obama to address the pot questions during the town hall, particularly after the event opened with a pair of relatively straightforward questions. But we were wrong: the president interrupted the event midway through to address the issue.
“…we took votes about which questions were going to be asked, and I think 3 million people voted or 3.5 million people voted,” he said. “I have to say that there was one question that was voted on that ranked fairly high, and that was whether legalizing marijuana would improve the economy and job creation.”
The president then joked that “I don't know what this says about the online audience,” prompting laughter from the roughly 100 people gathered in the White House East Room for the event.
“…but I just want -- I don't want people to think that -- this was a fairly popular question,” he continued. “We want to make sure that it was answered.”

(DEA)
“The answer is, no, I don't think that is a good strategy to grow our economy,” the president said. His answer prompted applause from the audience.
(White House press secretary Robert Gibbs later clarified Mr. Obama's position: "The president opposes the legalization of marijuana…he does not think that’s the right plan for America.” Pressed by CBS News White House correspondent Mark Knoller, Gibbs declined to discuss the president's position on medical marijuana.)
Here's the video of the president:
The online town hall was something of an odd affair: It was designed to show that the president is bypassing the media in order to directly address the concerns of the American people, and yet the White House itself selected the questions – which meant that, potentially, the president could simply field a series of softballs and avoid questions he didn’t like.
So the president’s decision to address the pot issue is commendable – after all, ignoring it would have gone against the very spirit of the event. (Though it should be noted that he didn't seem to take it very seriously.) A White House spokesman told Ambinder that the president was shown the popular online questions, but he wasn’t told the specific questions that would be asked. Clearly, the president noted that the pot question was high on the list, and he decided he should address it even if questioner Jared Bernstein might have been planning to ignore it.
The pot legalization issue is not a frivolous one. California Assemblyman Tom Ammiano introduced a bill calling for legalizing the drug and regulating it in much the same way alcohol is regulated. The California Board of Equalization, which collects taxes, estimates California’s possible revenue from doing so at $1.3 billion per year. (Here are pro and con editorials on the use of medical marijuana, which is also debated in the video at left.)
A CBS News poll last week showed that 38 percent of Americans favor legalizing and taxing marijuana, while 58 percent want it kept illegal.
UPDATE: Jack Cole, executive director of Law Enforcement Against Prohibition, emails this statement: "Despite the president's flippant comments today, the grievous harms of marijuana prohibition are no laughing matter. Certainly, the 800,000 people arrested last year on marijuana charges find nothing funny about it, nor do the millions of Americans struggling in this sluggish economy. It would be an enormous economic stimulus if we stopped wasting so much money arresting and locking people up for nonviolent drug offenses and instead brought in new tax revenue from legal sales, just as we did when ended alcohol prohibition 75 years ago during the Great Depression."
More than 90,000 people submitted in excess of 104,000 questions and cast more than 3,600,000 votes for the town hall event. The White House said that 64,000 people watched it online.
Other topics addressed by the president included education, unemployment and the mortgage crisis. He said jobs would come from investing in clean energy technologies and that it will take time before jobs are more widely available.
Mr. Obama pressed for more early childhood education, and noted that the current school calendar is a holdover from a time when America was a more farm-based society. He said the educational system had to do a better job removing bad teachers from their jobs.
The president also spoke kindly of nurses, noting that “it was the nurses who were there when [daughter Sasha] had to get a spinal tap and all the things that were bringing me to tears.”

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See all 260 Commentssep weed can help with pain and other med type stuff plues can get tax money out of it
But on this issue, it is the same ole same ole. Just "NO" *CHUCKLE CHUCKLE*
It is funny how he can make his opinion on how it would NOT help the economy, when that flies in the face of SOO many economists..
I would believe milton friedmen over Obama anyday..
Some may agree to legalize and some may not. That does not make either party dumber or ignorant or whatever other names are being called in this forum. It is just their opinion and where would we be if we can't voice our opinions? Well, blacks would still be segregated and alcohol would still be illegal and homosexuality would still be "in the closet". Having an opinion is what makes us great people, you don't have to agree with everyone. We are much further than we were in the 80's or even 90's, change doesn't happen over night. We have to keep up with our voices and make sure they are heard in order to make change and eventually it will happen.
To the people who say that pot is a gateway drug, well he's my opinion on that. The first time I ever tired pot I really had no idea what to expect, when I was in elementary school I went through the D.A.R.E. program and was taught all drugs are bad and if you do any, your an addict and a bad person. So, honestly the first time I tried it, I was worried about what the effects would actully be, but after trying it I learned I had been lied too. Pot isn't a bad drug, it just makes you feel great, and opens your eyes to the 'other side' if you will. I believe I'm not the only one whose felt that way about being lied too. So if they were lying about that maybe they were lying about the other drugs too. I'm the type of person that has to try things for myself, and I'll admit that after trying pot a couple years later I did try some other drugs, mainly just to see what they were like for myself. But, for me the other drugs weren't my flavor.
Legalization would make it so I could buy my pot in a store instead of from the sketchy dude on the corner. I hate giving my money away to drug dealers, espically when all they want to do is rip you off. And they can because of supply and demand. If pot was legal that would get rid of all the pot dealers and it would make it A LOT easier to find the guys selling the dangerous drugs(coke, crack, herion). It would almost flush them all out. Makeing things safer for everyone. I mean 86% of high school kids can get pot pretty damn easy, I know when I was in high school, pot was easier to come across than alcohol.Why? Because alcohol is regulated and you have to be 21 to get it, as of now there's no age
1) Marijuana is not any worse than alcohol
2) If you don't want to smoke, don't
3) Sin taxes are great economy boosters!
4) See my earlier comment--elements the "gateway drug" aspect of marijuana
5) ***Pharmaceuticals are legal and far more destructive to your physical health as well as incredibly addictive!!!***
6) This may allow hemp to get a foothold in America (maybe we could be the front-runners in hemp production and use--that would be beneficial to our economy!)
7) Safer, healthier methods of obtaining and smoking marijuana would be a direct product of legalization--thus making this drug HANDS DOWN less destructive than alcohol (which is highly addictive and makes people do incredibly studpid things!)
And I can go on...but I fear nobody has read this anyway...
OKAY, all economic incentives aside, this would truly solve the greater issue of drugs in America!
Marijuana, a drug with consequences/negative aspects that are (at most) equivalent to those of alcohol, is ONLY a "gateway drug" because it is illegal. When teenagers go and get alcohol underage, they do not have to stop by the drug dealer to get it. Since a vast percentage of Americans DO use marijuana, we can all assume that this same number is interacting with a drug dealer who eventually will offer their customer something else that they have to sell (pharmaceuticals, cocaine, heroin, you name it).
Thus, you put marijuana in the same position as alcohol as opposed to grouped along with an array of highly addictive and life-destroying drugs, and you decrease the overall use of TERRIBLE drugs in America.
For the home growers, there should be a $50-75 charge for a permit to allow a single-family residence to grow up to a certain amount of plants in there homes.
Alcohol isn't a gateway drug because using a fake ID to buy some or having your older brother pick you up a six pack does NOT involve doing business with a sketchy character that is also trying to sell you an array of highly addictive and destructive drugs!
To read more about the economic benefits at
http://blog.talesfromtheswamp.com/2009/05/11/economic-benefits-to-legalizing-marijuana.aspx
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