The economic cost of drinking
Here are a few interesting statistics from this Atlantic article:
- The economic drag from hangovers is about $160 billion of lost productivity, which is the exact same amount of damage caused by natural disasters in 2012. Think about that. Hurricane Sandy, record setting floods, the Oklahoma tornado, and all the news-worthy earthquakes tried as hard as they could to cause damage, but they could just barely cause enough to break even with that even little bastard, the hangover.
- Excessive drinking in total costs the economy more than $220 billion. So, there’s $60 million more damage that drinking causes. The table below shows that the next biggest costs are in healthcare (e.g. alcohol poisoning) and crime (e.g. stealing your neighbor’s Christmas decorations because they put them up before Thanksgiving.