Tags: economic | impact | drug | policy | border | control

Silent Genocide: Economic Impact of Weak Drug Policy, Border Control

male junkie hand holding drug injection syringe near heroin powder, spoon and cigarette lighter and money on dark floor
Benjawan Sittidech | Dreamstime.com

George Mentz By Friday, 14 December 2018 07:01 AM EST Current | Bio | Archive

CNBC states that the economic cost of opioid abuse has been about $1 trillion from 2001 through 2017, a new report says. 

The economic damage from heroin and prescription painkiller abuse may cost $500 billion from 2018 to 2020 alone.

With that information, here are the drug death annual statistics during President Barack Obama’s 8 years:

  • 2017 - 72,000 Drug Deaths
  • 2016 - 63,632 Drug Deaths
  • 2015 - 52,404  Drug Deaths
  • 2014 - 47,055 Drug Deaths
  • 2013 - 43,982 Drug Deaths
  • 2012 - 41,502 Drug Deaths
  • 2011 - 41,340 Drug Deaths
  • 2010  - 38,329 Drug Deaths
  • 2009  - 37,004  Drug Deaths

Total drug deaths during President Obama’s term:  437,248 lives.

A 540% Increase in drug deaths in the last 3 years of Obama’s presidency due to fentanyl  death where most all of the fentanyl and tainted drugs are coming over the borders and killing our citizens.

This 437,000 overdose fatalities does not include "vehicular related drug death" over the last 9 years. In 2016, 44% of vehicle fatalities were drug related deaths.  

Here are the annual motor vehicle deaths in the USA.

  • Year        Auto Deaths
  • 2009       33,883
  • 2010       32,999
  • 2011       32,479
  • 2012       33,782
  • 2013       32,893
  • 2014       32,744
  • 2015       35,485
  • 2016       37,806
  • 2017       37,133

Total motor vehicle deaths were 309,204 during years 2009-2017. More than 37,000 people died in vehicle crashes in 2016, up 5.6 percent from the previous year, according to the National Transportation Highway Safety Administration.   

If you add the approximately 10,000 or more vehicle drug related deaths per year to the 8 years of overdose death, you have another 80,000 deaths to add to the existing 437,000 drug death overdoses. Thus, a whopping 517,000 drug deaths from 2009-2017.

In summary, about 1 million or more parents lost a child to drug related death in the years 2009-2017.  More people died in 2016 from drugs than in all of the Vietnam War.  

Overall, the economic impact on the family, children, productivity and the healthcare system is massive and debilitating.  Hopefully, the Trump administration can take more of an aggressive stance of preventing tainted drugs from coming through customs and border control along with reducing the addiction rates.

George Mentz JD MBA CWM Chartered Wealth Manager ® is a licensed attorney and CEO of GAFM ® global education, which is an ISO 29990 Certified professional development company operating in over 50 nations. Mentz is an award winning author and advisory board member to several companies around the world in education, charities, and crypto currency.

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The economic damage from heroin and prescription painkiller abuse may cost $500 billion from 2018 to 2020 alone.
economic, impact, drug, policy, border, control
Friday, 14 December 2018 07:01 AM
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