Cost of addiction- In the United states, we spend almost as much trying trying to get people to stop ingesting substances that are slowly killing them, as we do creating things that we can shoot into an enemy and kill them. The irony escaped me till today.
I was looking for information about the cost for the developed world and the trend that seems to be exported from the USA to other nations with the idea that a pill or a shot can cure all. Perhaps it was the reality, the company that makes Botox, a strain of botulism, was acquired for 66 billion dollars.
I looked at the number and tried to do the normal business math with valuation and profitability, and all I could come up with is the buyer made a really overpriced purchase, or, they are going to start putting the stuff in everyday face cream and sell it to the world for even higher markups.
After my moonshine idea a few days ago, that will not be happening. And the reality that in Colorado and several other states, the idea of legalization of marijuana is just dandy. I wondered:
What percentage of the USA is addicted to drugs or alcohol?
What is that cost to the USA per year?
Would you believe it is near the yearly USA defense budget? 556 billion dollars. (Think it was about 700 billion for the military budget)
I will now add substance abuse to the Augmanity mix. While I have no idea what the effect if any it will have, I do remember someone throwing a business plan at me in the 1980’s for drug addiction treatment centers. It looked like a great investment but as I poured over the financials, I came up with this question;
“Basically, you are going to start these centers and you know that you have a 1 in 20 chance of success and people will simply come back again and again?”
At least the man was honest, “yes. That is correct, isn’t it a great business model?”
Is it treating the illness and not the addiction? Or treat the addiction and not the illness? Did the chicken or the egg come first? Coffee time. Have a wonderful day.