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Strategies & Market Trends : Galapagos Islands
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To: Original Mad Dog who wrote (53250)10/19/2004 6:31:07 PM
From: MulhollandDrive  Read Replies (1) of 57110
 
Her response was to rant about drug industry "profits", and would not listen to the point that drug industry return on equity is not substantially higher than returns in many other industries -- and if you make it much lower than other industries, investment dollars will not flow into drug-making at all.

does your friend think we should have gov't subsidized auto, home, or life insurance?

i contend the reason you hear people complaining about the "profits" of the drug industry...oh, make that "big pharma" companies, is that your friend has sipped the kool-aid of entitlement nirvana...

and jorj correctly points out that the huge disincentive for companies to manufacture the vaccines thanks to gov't 'discount' purchasing and malpractice suits has created the situation where we are now being rationed

i just don't know how you can breath through against the mindset that either an employer OR the federal government is responsible for health care...i think the indoctrination is complete
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