Now, tobacco analyst Martin Feldman, who actually did the economics on this based upon an extensive model, unlike the Treasury Department, who was willing to testify and face cross-examination before the Judiciary Committee, testified before the Judiciary Committee, and I believe the Senator is aware of this, that between 1986 and 1996, the real price of cigarettes in the United Kingdom, rose by 26 percent and national cigarette consumption fell 17 percent. Is the Senator aware that youth smoking did not decrease during that same time?
Orrin Hatch: “Now, tobacco analyst Martin Feldman, who actually did the economics on this based upon an extensive model, unlike the…”
Editor's note · Context
Discussing tobacco economics and youth smoking trends during a Senate Judiciary Committee hearing.
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