115 - The War on Drugs has failed, stop it.

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 4 March 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

The War in Drugs is a spectacular failure. It is time to end it and begin to have an adult conversation about legalizing drugs. If you went out to set up a better way to enrich a violent criminal class, it would be impossible to find a better way. We explain the economic case for the legalization of drugs, tax them and use the proceeds to help those small amount of recreational drug takers who become addicts. Treat addiction not as a crime but a health issue. Also don't fear the rise in global bond yields. It's a sign of success and please don't listen to the "austerity hyenas" screeching about large deficits, thats what's supposed to happen.

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Transcript

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0:00.0	How did the dog sneak out?
0:02.4	When did that parcel vanish?
0:04.8	Who was outside last night?
0:07.4	Arlo doesn't miss a thing.
0:09.8	From 4K cameras to powerful AI detection,
0:13.5	Arlo makes a watched over space, a safer space.
0:17.6	Arlo, 10 years of innovation in one powerful security system.
0:25.8	Find out more and get conditions at arlo.com.
0:33.6	What in the world is happening on Wall Street?
0:36.0	Economic indicators.
0:37.6	Who knows where this is going to end up?
0:39.6	To understand the economy, you have to understand human nature.
0:45.7	This podcast is powered by ACAST.
0:51.3	How are you? It's the podcast. It's David. It's me and your man. How are you ahead?
0:58.5	How are you doing? Are you well?
0:59.7	I'm very good. Yeah. How about you?
1:02.0	Well, my midlife crisis has been put on hold because I decided to go for a...
1:05.4	A chopper.
1:06.5	A chopper, exactly. Exactly.
1:09.0	Pimp my ride.
1:10.2	I know, no. I decided I was going to go for, and that's really Mickey Mouse, a 50-C
1:15.2	bike.
	...

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