I'm a mechanical engineer. I once worked 5 years for a small pharma company with 150 employees. Only 75 of the people actually worked manufacturing the products. The other 75 were all Ph'D's and research scientists who worked in the R&D dept. Every nut & bolt and parts of the plant's equipment was stainless steel. Hugely expensive to maintain, as was the R&D dept.
It was easy to see why pharmaceutical drugs cost soo much. ....
The leftist scum are as ignorant on economics as a pack of feral pigs. They think drugs should be free. Obviously, nothing is free. It costs resources to produce anything.
Surely the left does not expect that the workers who are producing pharma product should just donate their time rather than get paid. Of course not. The left thinks that even the most menial of tasks merits a $15/ min wage rate. I guess the researchers who invested time and money in their educations should do the R&D work for free? I guess they should get paid too, right? So, who pays these people?
Capital investment involves a risk/reward analysis. If there is not a justified belief of a return on capital investment then you get no capital investment. Thus, the government would have to capitalize the Pharma industry. The cost would be astronomical. Where would the money come from? Tax increases...HUGE tax increases. However, if private capital investment is taken out of the equation in the general healthcare sector, then you have already reduced the tax base by 17% (the percent of our economy that is based on healthcare). Therefore, what would have been a HUGE tax increase on industry (in our system which already has the highest corporate rate in the industrialized world), now because even BIGGER of a tax increase.
Pretty soon Nat is bitching about paying $20.00 for a gallon of milk and $300.00 for a simple Asian Blow-up doll. Then he will be doing what? He will want to take the profit motive out of "Big Dairy" and "Big Masturbation"?
Don't let the morons like Nat mislead you. When it comes to economics, our free market is the best system going, and produces the best medical products and treatments of any other system.
Moreover, the leftists do not understand economics. They have gripes, but no solutions. They have the mentality of children, and the economic knowledge of a ******* dog turd. So if a leftist starts talking about financial and economic matters, more times than not they are simply WRONG.
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