If you think Joe Biden has had enough of messing with Americans’ jobs, well, that is just the start of a much worst that is yet to come.
This time, Biden’s regime wants to dismantle the tobacco industry, and the U.S. could lose billions of dollars in revenue and eliminate thousands of jobs in the process.
Biden’s regime is going to war with the nearly $100 billion U.S. cigarette industry by trying to implement a new FDA rule that would effectively ban nearly all nicotine in cigarettes. The aim is to reduce the number of smokers and achieve Biden’s “moonshot” to eliminate cancer.
Pleased Biden Administration is continuing to advance the framework for reducing death and disease from tobacco we announced in Summer 2017
The key element was regulating nicotine so combustible cigarettes could no longer create and sustain addiction…https://t.co/a21Zwef9FT
— Scott Gottlieb, MD (@ScottGottliebMD) June 22, 2022
Here’s what The Wall Street Journal reported:
“FDA officials said reducing nicotine in cigarettes to very low levels would prevent future generations from becoming addicted to cigarettes, and help current smokers to quit or switch to less-harmful alternatives.”
“According to an FDA study published in 2018, such a rule would prompt an additional 13 million adult smokers to quit within five years of implementation,” the report continues.
Tobacco companies have noted that the move could potentially eliminate hundreds of thousands of jobs. The Washington Post noted that opponents are likely to argue to “science does not support such a move” and that “slashing nicotine would boost demand for products on the black market.”
In fact, according to industry statistics, just over 11,000 jobs could be at risk if the initiative is accomplished.
However, critics feel like Biden’s plan will fail.
According to Guy Bentley, director of consumer freedom at the Reason Foundation, “the proposal would ban most cigarettes currently sold in America.”
Bentley further noted, “Combined with the Biden administration’s proposed ban on menthol cigarettes, this would amount to an effort similar to the prohibition of alcohol in the 1920s.”
He told the Post that he could only see failure as an outcome of this newest Biden initiative.
The Biden administration’s bid to essentially take the buzz out of smoking cigarettes would be unprecedented in the long-running public health fight to curb tobacco use.
But it’s sure to face vigorous opposition from tobacco interests. https://t.co/OcmXvKBWhv
— Axios (@axios) June 22, 2022
Regardless of the possibility, Biden is pushing ahead and is not considering the impact on the economy, the job market, or the average American. It follows suit with his climate change initiatives that have driven gas prices to record highs, failing infrastructure management leading to supply chain failures, and much more, The Gateway Pundit commented.