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The War on Drugs: A War Against Economics I. Introduction The United States of America has been engrossed in a so-called War on Drugs policy since the mid-nineteen seventies. Since the founding of the Drug Enforcement Agency in 1973 under then President Richard Nixon, and the Office of National Drug Control Policy under President Reagan in 1988, the United States has found themselves in a winless war and in debt a tremendous amount of money. The reason …

…set up regulation for alcohol, so that the country could move on. Regulation and taxation of illegal drugs would take the money out of the hands of drug lords and into the hands of the government. The government's misunderstanding of basic economics has left the country in a serious situation. Unfortunately, nothing will change until the government takes a basic level economics course and understands that the laws of supply and demand cannot be broken.