Pretty Certain Legal Marijuana Is Fueling US Economic And Job Growth

I wonder what kind of people control US media. Many mainstream media in the US contribute the growth to tax cuts and other policies. None mention the role of legalized marijuana in economic and job growth.

Suppose there are 200 pot retail outlets for each of the eight states that have legal marijuana. And 50 pot pharmacies in the 30 or so states with legal medicinal marijuana. Let's say each employ about 4 people. So that's a total of 12,400 jobs. Then there are pot farms, testing facilities, pot related patents, and companies selling vaporizers, bongs, fertilizer, lights and such. That could add up to another 10,000 jobs.

Then there's pot companies listed on the stock market which contributes to economic growth. Also some of the underground market has shrunk, enabling the sales of pot to be taxed.

In addition, there's the music market which would be much smaller without pot.

Wonder why US media is quiet on this? Maybe they want to corner the market first.

If Korea legalized, then that would create thousands of jobs and eliminate the outflow of money used to purchase drugs abroad.  It would be almost like creating a new economic sector worth tens of billions of dollars. Corporations, stocks, taxes, jobs... Less dependence on alcohol and cigarettes. A more mellow Korea?

China Has Always Bullied Countries On Trade

China has bullied South Korea and other countries on trade by using unfair regulations. China has regulations requiring that Chinese entities own over 50% of foreign subsidiaries operating in China. China has EXREMELY UNFAIR regulations that they use to restrict imports of online games and other products, and gain technological knowledge in return for access to the Chinese market. This is in addition to very lax regulation of copyrights and patents.

I am glad Trump is standing up to China, because no other country would dare due to retaliation. Now, China is stating that they are saving the world from unfair US trade practices? Generous trade practices by the US has contributed to developing many under developed countries into developed ones. South Korea, Japan, and China, just to name a few.

Express: 'We're saving the world from US,' says Beijing as trade war EXPLODES

Sincerely hope that no one believes all this misinformation by China. If news were free in China, we would hear more about all the human rights abuses and aggression against minority groups, especially Muslim and other religious groups.

Newsweek: CHINA, YOU'RE AN EMBARRASSMENT ON TRADE | OPINION

Commonwealth of the Northern Mariana Islands Legalizes Marijuana

Another place with legal recreational marijuana. Wish I lived there instead of Korea.

Forbes: Governor Signs Marijuana Legalization Bill, Making History In US Territory

Cannabis Company Worth $20 Billion

Is Korea missing out on a lot of business opportunities and jobs due to outdated marijuana laws?

CBS News: Tilray shows the highs, lows of investing in pot

All Around The World, Only The Rich Keep Getting Richer

Not only in Korea, but all around the world, the rich keep getting richer and the poor keep getting poorer.

The Guardian: If the Czech economy is thriving, why are we so poor?

South Africa Rules Marijuana Is Legal

South Africa's high court ruled that private consumption of marijuana is legal.

Hightimes: South African Court Rules Private, Adult-Use Cannabis is Legal

The pace of legalization seems to be accelerating.

And you can bet CBD is going to be big, if Coca-Cola is looking to invest in it.

Hightimes: Coca-Cola in Talks to Make the Next CBD-Infused Beverage

Korea Finally Raises Property Tax On Residential Property

The Korean government announced new measures to counter the rapid rise in residential property values. These measures need to be approved by the national assembly. The measures include a raising the property tax to 3% for those with residential properties worth over about one million dollars (and taxed only on the amount over one million dollars), stopping mortgage loans to those with multiple residential properties, raising the value at which properties are taxed to 100% of the actual market value. Most Korean media have "experts" on their news shows criticizing these measures and stating that they will not work. These "experts" do not have any opinions on how to counter the rapid rise in property values, but they definitely are against anything the Moon administration proposes.

The wealthy have few other places to park their money, so they buy up real estate, using loans and mortgages, if possible. This makes owning an apartment, or house nearly impossible for ordinary people. An average small apartment in Seoul costs about $500,000.

Yonhap News: Seoul unveils tougher measures to cool down property prices