Politics

President Obama: legalizing pot NOT good for the economy

President Obama today took a stand: legalizing marijuana is NOT a good way to save our struggling economy. Why would he make an announcement like that? Apparently, it was of importance to a large number of participants in Obama's first-ever online economy townhall meeting today. He took questions all over the board, but paused to answer one that garnered a lot of interest-- if not just to turn around and shoot it down-- using humor to tell the story:

Obama: "We took votes about which questions were going to be asked, and... 3.5 million people voted.  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.
   (LAUGHTER)
   And I don't know what this says about the online audience...
   (LAUGHTER)   ... but I just want -- I don't want people to think that -- this was a fairly popular question.  We want to make sure that it was answered. The answer is, no, I don't think that is a good strategy to grow our economy."