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Economic Cost Of Addiction Contributes to Slowing GDP

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Miami, FL (PRWEB) August 05, 2013

Reuters reported on 7/29 in their article Second-quarter GDP to slow sharply on tax burden that the economy has slowed with Gross Domestic Product (GDP) grew at just a 1% annual rate. According to a poll of economists, there are forecasts predicted as low as a 0.4% rate. It would mark a third straight quarter, the GDP growth rate was below 2 percent.

Many reasons for the slow economic growth rate have been suggested but it is clear that the rising cost of addiction in this country is a prime factor. Fortunately, there are qualified detoxification centers equipped with the a trained staff of professionals and the newest technology to help put America back on its feet.

Detox centers can be found around the nation but only a select few such as South Florida’s Harbor Village offer 24/7 medical care and supervision while offering an luxury state-of-the-art environment. Those suffering from a dependency on drugs receive the private drug treatment they deserve. Harbor Village allows each client to stay and experience an upscale medical facility far removed from the hospital-like surroundings most detox centers offer. Located in sunny South Florida, Harbor Village welcomes clients with upscale accommodations including a beautifully furnished suite with satellite television, over an acre of outdoor lounge area, spa, salon, massage and acupuncture services, nutritious, gourmet dining and an individualized plan that is designed for each client’s specific needs.

The Office of National Drug Control Policy has addressed the effects drug abuse has had on our economy. The agency states on their Web site article, How Illicit Drug Use Affects Business and the Economy, “The Federal Government and business community are increasingly recognizing the negative consequences of substance abuse on the U.S. economy and the Nations workforce. Abuse of drugs and alcohol is costly for our society and, left untreated, places a burden on our workplace, our healthcare system, and our communities.”

The government agency has posted these startling statistics to reflect the high cost of drug abuse in the U.S.

Economic Costs

The economic cost of drug abuse in the United States was estimated at $ 193 billion in 2007, the last available estimate. This value includes:

$ 120 billion in lost productivity, mainly due to labor participation costs, participation in drugabuse treatment, incarceration, and premature death;

$ 11 billion in healthcare costs for drug treatment and drugrelated medical consequences;

$ 61 billion in criminal justice costs, primarily due to criminal investigation, prosecution and incarceration, and victim costs.

Labor Force

In 2009, the majority (67%) of current drug users aged 18 or older were employed, either fulltime (48%) or parttime (19%), with the unemployed accounting for 13% and the remaining 21% not in the labor force.

Among fulltime workers aged 18 or older, nearly one in 12 (8%) reported pastmonth (current) use of an illicit drug in 2009.

Unemployed workers were twice as likely one in six (17%) to report current drug use in 2009.

At Harbor Village, we recognize how destructive a drug dependency can be and provide each client with a personalized program that allows them to recover, said Robert Niznik, Harbor Village CEO.

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