Smoking Is Cost-Effective
The premature deaths of smokers has economic benefits, according to a controversial report commissioned by the leading US cigarette manufacturer, Philip Morris.The report found that the Czech Republic saved about USD 147 million in 1997 through the deaths of smokers who would not live to use healthcare or housing for the elderly. Compiled as a cost-benefit analysis to the Czech government, the study weighted the savings against the income tax lost and cost of caring for smokers before they died.
"Smoking to end by 2050"
Smoking could “virtually disappear” in Britain within half a century, according to research by Citigroup. The broker has considered what a decline in smoking means for the tobacco industry. The habit has been on the wane since the 1960s, when just over half of adults in Britain smoked. That figure had dropped to a fifth by 2008. "The percentage of smokers is declining across the developed world, and the declines are more or less in a straight line in most markets," said the analysts. “If these trends continue, then by 2050, many important tobacco markets will have gone to zero smoking.” But Citigroup stressed that these were “extremely long-term” trends.
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8246967/Smoking-could-disappear-by-2050-says-Citigroup.html
Tags
- LOL (175)
- USA (116)
- WTF (85)
- Iran (57)
- Internet (56)
- IranElection (45)
- Capitalism (39)
- Israel (39)
- Human Rights (38)
- Cool (35)
- View all 1959 tags »
