Z, $300K is a "nice living." You can pay for a nice house in a good neighborhood, put a couple of kids through school, join a country club, have a couple of nice cars, and go skiing in Europe every now and then. Yeah, maybe a little lavish, but OK. You pull tumors out of people for a living. $300K is right on the border of the "one percent" that libtards despise so much.
Big Pharma funds tons of research on revolutionary cancer treatments that go beyond "pulling tumors out of people." Sure they reward themselves rather lavishly, but they still have to recoup the cost of the R&D. They also have to pay for all of the regulation as health care is the 2nd most regulated industry in America. (I forget which is first, but apparently it wasn't nuclear energy last time I asked.)
By the way, most of the executives in Big Pharma have PhDs or MDs in their respective scientific fields. Art Levinson, for example, has a PhD from Princeton in biochemistry. These execs aren't money-grubbing weasels like politicians or hedge fund managers. They're actual scientists who have taken gigantic leaps in their careers and now manage huge R&D projects.
Really, if you have no problem with George Soros making his billions off of currency speculation, you should have no problem with Big Pharma execs making "mere" millions off of life-saving research.
Tenchusatsu |
