What Is the DEA Smoking?

The Drug Enforcement Administration is in an optimistic mood. A new DEA report insists that the antidrug campaigns Washington has undertaken with Colombia and Mexico in recent years have dramatically slowed the flow of cocaine into the United States. The DEA's principal piece of evidence is that average street prices for the drug have soared over the past twenty-one months from $96.61 per gram to $182.73, which suggests "that we are placing significant stress on the drug delivery system." There's just one problem with the DEA's proclamation of success. We've heard it all before. Many, many times before. For example, in November 2005, the White House Office of National Drug Control Policy asserted that a 19 percent increase in cocaine prices since February indicated a growing retail shortage, thus validating Washington's multibillion dollar Plan Colombia, designed to stanch the torrent of drugs coming from the Andean region of South America. "These numbers confirm that the levels of interdiction, the levels of eradication, have reduced the availability of cocaine in the United States," White House drug czar John P. Walters boasted. "The policy is working." And what was the sky-high street price of cocaine that justified such optimism? $170 per gram. Adjusted for inflation, that price was actually higher than the latest price spike to just under $183. Yet clearly that earlier alleged supply-side victory in the drug war was short lived. According to the DEA's own statistics in the December 2008 report, cocaine prices had declined to a mere $96 per gram by January 2007....