The Tobacco Sham
You might think Beavers was smoking something. After all, the billions from the settlement were supposed to help fund smoking-prevention campaigns and lessen the fiscal burden states bear by caring for sick smokers. Indeed, pundits noted the irony of Big Tobacco, in effect, paying the states to put them out of business. Only it hasn’t worked out that way. In the last four years, North Carolina has spent almost three quarters of the settlement money it’s received on tobacco marketing and production....