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Six Months After Legalizing Marijuana, Two Big Things have Happened in Colorado

posted by azrael on Friday July 04 2014, @04:20AM   Printer-friendly
from the tax-not-war dept.

Monogamous Coward writes:

It's now been six months since Colorado enacted its historic marijuana legalization policy, and two big things have already happened:

  1. Colorado's cash crop is turning out to be even more profitable than the state could have hoped.

    Tax revenue from marijuana sales is expected to top $130M over the next fiscal year.

  2. Denver crime rates have suddenly fallen.

    The Denver city- and county-wide murder rate has dropped 52.9% year-to-year since recreational marijuana use was legalized in January.

 
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  • (Score: 2) by choose another one on Friday July 04 2014, @12:02PM

    by choose another one (515) Subscriber Badge on Friday July 04 2014, @12:02PM (#64105)

    Yet I now am seeing ads trying to get kids into engineering. That's not where the money is. If you have to support a family, I would surely suggest something else, however if you just love to do this kinda stuff, you may not live high on the hog, but at least you can do what you find rewarding.

    It has always been that way, what my father told me and what I tell my kids. Engineering has never been where the money is, nor is software.

    Starting a business that might have a product that might have some sales and being lucky enough to get bought for big money - yeah, that works, but it is the "business" bit that makes the money (or rather extracts it from someone else). The product isn't really relevant - software is just a fashionable one - and it is the business folks who make the money, not the engineers (engineers are those you screw over on the way to making the money).

    The ads though, they are the wrong way round. They should be saying "want steady money, do medicine, want maybe more money if luckier, do law or accounting". That was I think what my dad told me.

    What did I do ? EE. See, the kids, they never f***ing listen...

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  • (Score: 2) by hoochiecoochieman on Friday July 04 2014, @01:50PM

    by hoochiecoochieman (4158) on Friday July 04 2014, @01:50PM (#64147)

    Why are people never happy? Why are we so pressured to become millionaires? The chance of it happening is lower than winning the lottery. Just have fun with your life!

    I'm a software engineer, working for a private company. I'll never become rich, but I like my job and I make a decent living. So, what's the problem?

    I know a few lawyers and accountants who are rich. Most of them, however, are flipping burgers. I've never seen an engineer flipping burgers.

    • (Score: 0) by Anonymous Coward on Friday July 04 2014, @03:53PM

      by Anonymous Coward on Friday July 04 2014, @03:53PM (#64204)

      "I'm a software engineer, working for a private company. I'll never become rich, but I like my job and I make a decent living. So, what's the problem?"

      The problem is that world is disappearing.
      Kids watch "Silicon Valley", and are taught to bust your ass in a startup, because cashing out
      by 30 is what you do now, then create another startup.
      The only people who win are the VCs, who set up the rules and rig the game in the first place.

  • (Score: 0) by Anonymous Coward on Friday July 04 2014, @03:50PM

    by Anonymous Coward on Friday July 04 2014, @03:50PM (#64203)

    Tell that to the kids coming out of school who can't get jobs as nurses.

    • (Score: 0) by Anonymous Coward on Friday July 04 2014, @05:06PM

      by Anonymous Coward on Friday July 04 2014, @05:06PM (#64247)

      If they can't get jobs as nurses then either their grades suck or they're not looking very hard. There's a chronic shortage of nurses.

      • (Score: 1) by Uncle_Al on Friday July 04 2014, @05:39PM

        by Uncle_Al (1108) on Friday July 04 2014, @05:39PM (#64263)

        http://www.usatoday.com/story/money/business/2013/10/13/hospital-job-cuts/2947929/ [usatoday.com]

        • (Score: 1) by cykros on Friday July 04 2014, @11:52PM

          by cykros (989) on Friday July 04 2014, @11:52PM (#64359)

          The new health care law was supposed to ease the burden on hospitals by expanding Medicaid coverage to more low-income Americans, who often use hospital services in emergencies, then don't pay their bills. But 26 states, including Tennessee, rejected the ACA's offer of federal funding to expand Medicaid. That decision led to about a third of the job cuts by Nashville-based Vanderbilt, Howser says.

          That explains why it's so out of left field to me. Here in MA, the hospitals are doing anything but laying folks off.

          26 states really are putting up with elected officials who can't stop them from paying into this program, but are REFUSING the benefits of it, causing a healthcare recession in their states? I think some folks need to pay a little more attention next time they go to the ballot box.