Tobacco economy plays a big role in the expansion of tobacco industry. The tobacco industry, which has an incentive to portray itself as indispensable to the economy, argues that tobacco creates employment, raises tax revenues, and contributes to the national gross domestic product. However, the long-term societal costs of tobacco use far outweigh any economic benefits.
The World Bank analyzed the net economic effect of tobacco and concluded that money not spent on cigarettes would instead be spent on other goods and services that in turn would generate other jobs and economic activity to replace any that would be lost from the tobacco industry.
Around the globe smoking causes huge amount of annual economic losses, including health care expenses and productivity losses caused by premature death. These costs are borne by individuals and by society as a whole, and they are more than twice the amount that smokers spend annually on tobacco.
The science behind smoking cessation treatment is strong, and its cost-effectiveness compares favorably with many other medical interventions. Businesses and health insurers have financial incentives to support cessation programs for employees: nonsmokers are more productive and miss less work than smokers do, and tobacco cessation coverage is one of the most cost-effective health insurance benefits an employer can provide.
Many of the myths that surround smoking are the result of a misapplied understanding of what might seem to be common sense. Others are deliberately promulgated by the tobacco industry to induce people. especially children to start smoking and to keep them smoking as adults. These myths are believed to be true not only by many smokers but also by some physicians and policy makers. All of these myths are false, and each myth undermines effective tobacco control policy and smoking cessation efforts by individuals. Yet, the means to counter these myths are available, and more effective employment of these means will help prevent illness and premature death.
Antismoking public education campaigns work, especially when they are implemented across multiple media settings and in conjunction with comprehensive tobacco control programs that include increased taxation, smoke-free workplace legislation, and cessation programs. While government and public health agencies must take the lead, the health care system, businesses, insurers, communities, and individuals all have important roles to play in tobacco control. We must continue to find innovative ways to both communicate the facts and counter the various myths, half-truths, and lies that encourage people to start smoking and reduce their odds of quitting.