Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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poundfoolish wrote:quicksand wrote:washiku wrote:quicksand wrote:I was at Rafikiz last night. It was nearly empty...this was a pub that used to get packed to the rafters and people would park on the green between the roads!
Now let us extrapolate ..
How much revenue did EABL pull in last year? They are going to take a massive hit ....so will KRA tax collection...10 to 15 billion perhaps from KBL alone? Not to mention the drinking establishments. The share will take a small hit as well. Some more domestic borrowing from the gavmint to cover the short fall....Credit will become just a little bit more expensive?
Cascade effect.
Not that I am saying alcoblow should be pulled How many billions is one life lost worth? How much would you pay a family that is orphaned as a result of drank driving to fully compensate them for the loss of their bread winner? How many billions would you pay a guy who shall no longer walk and have to depend on a wheel chair for the rest of his life? You can't put a monetary figure to the value of life ...yet strangely we do, and it is usually not worth billions, but just a couple of millions (and that is just for some people). Ask your insurer how much your life insurance cover tops out at, if you have one. See that rider I put in there and highlighted in red? That was to deflate any emotionally charged response, just like the one you have posted. It is touching, but it is also useless. Fait accompli. Alcoblow has happened. Allow me to repeat myself and say I am not advocating for it to be pulled from use, my question is what financial implications will come about from behavioural changes. Divorce yourself momentarily from emotional slingshots and enter the world of cold calculation and policy analysis. Like this: http://personal.lse.ac.u...ing_Bans_2011_01_19.pdf
The money's lost by the drinking joints establishment will definitely not be thrown into a hole or something. It will find itself in the economy through other means. Either booming businesses over the weekends... It could end up being diverted into salons as husbands give it all to their wives. The soft drinks industries may be the beneficiaries. It is good to conduct a survey of where drinkers will now take their monies and invest there. The money wont be lost.It will go to the local bars.If you have enough cash open a serious local in your neighborhood and watch yourself get rich while you neighbors get drunk If Obiero did it, Who Am I?
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