Drinking Age
Theses: the drinking age should be lowered because it would both benefit the economy this would bring in an a lot of money in the economy. The government if they think that this is a bad thing they could increase taxes on alcoholic beverages to bring in more money. Who are we lie to we know that teens drink and most get away with it. We can’t fully enforce it so why not bring in out so that they don’t have to hide it. This would help the local business to gain more business form a one of the largest spenders in the nation which are teens.
The issue of lowering the drinking age or even eliminating has always been there it has gone back and fourth for centuries. The two biggest issues are that should we lower it or should we raise it. There are both pros and cons to how we can look at it. From my point of view as an economist I think that we should lower.
First point on why we should lower it that if we at age 18 are old enough to go to war and risk our life’s for this great country that they should allow us to drink. I know that this is has nothing to do with economics but this is a big reason and should not be left out.
The next reason is that if we lower the drinking age the will bring a new market out. This market is that if teens drinking. The market right now that is out there for teen spending is huge and every one is trying to get into it. See in order for most business to survive they need to expend past their targeted customer in this they can compete and survive. This will also bring in new business like a drink for teen which is less alcoholic than the regular ones. For local business they would not mind having a lower drinking age because if they serve alcohol they will make more money and they would support lowering the drinking age.
The other reason on why the drinking age should be lowered is that the government can raise taxes on alcohol and still make more money from it than they...
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