Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (211149)	11/8/2004 6:06:33 PM
From: Alighieri	Read Replies (1) of 1570958

THIS is capitalism. Goverment intervetion that prevents competition at the national level is capitalism? That's a new one on me. Big drug spends about $30B/year on researh and development. That's about 15% of revenue. All of that money gets strong incentive tax treatment, and % wise is not unlike other high tech businesses. If you want the best drugs available, you have to be willing to pay the people who take the risks in developing them. So we should subsidize them by removing competition at the national level? If the industry needs subsidies let's manage these rather than issue a blank check to the industry. You have said nothing of the voting and cost suppression scandals. I can understand that you may be embarassed by the lack of integrity. Al

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