End The Drug War

The Drug War is easily the most repugnant domestic policy that our government pursues. It's more like a war on the black underclass. The government has created a system with policies like the minimum wage, welfare, and the withholding tax of social security, that disincentivizes legal employment and incentivizes black market employment. And when members of the black underclass rationally decide to sell drugs rather than take a minimum wage job that is taxed, precludes them from getting welfare, and requires a significant amount of productivity from day 1, our government persecutes them.

And in persecuting the breadwinners of the black underclass, the government has created even more disgusting consequences. They've completely disincentivized the formation of stable families as well as the impetus to sustain wealth over generations. Let me explain. When the expectation of the breadwinners is that they will be dead or in jail within ten years (dead, because without access to the court system disputes are resolved with violence; and jail, for obvious reasons,) they rationally choose high time-preference behavior over low-time preference behavior. Why save for retirement or for your kid's college fund when you'll be dead or in jail? It is completely rational for these breadwinners to spend extravagantly to enjoy the freedom they have while they have it.

This leads to every black generation having to start from scratch, with no accumulated wealth to build on. Think about how the white middle and upper class became wealthy - earlier generations had the freedom to make money unimpeded by outside forces, and they did so and passed on wealth to their progeny, who used the accumulated wealth to make even more money and so on and so forth. Our government, with its "liberal" and paternalistic policies, has left the black underclass in stasis, excluding them from the economic growth that the rest of us enjoy.

[censored] the costs for a second. Look at the effects. In communities like East St. Louis, Detroit, Baltimore...everywhere we can see the wreckage of the drug war around us.

It has to stop.