Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (36187)	8/5/2009 12:57:02 PM
From: TimF	Read Replies (1) \| Respond to of 71588

So the U.S. (the largest drug user in the world) can't do what Canada does, huh? Sure we could also force down the price of the drug, but it would have very bad results. Canada does it, and "the largest drug user in the world" still has a large enough and profitable enough drug market to keep resources flowing to new drug development. If the US does it, well we don't have an economy 10 times the size of ours to turn to, in order to get the development funded. If we also try to buy it for 80% off, than maybe neither the Canadians or Americans will be able to buy it at all. Beyond that I also have a moral problem with price controls (although that is somewhat mitigated by the fact that these products have patent protection, so the practical issue is a far bigger factor in this case).

To: RMF who wrote (36187)	8/6/2009 12:12:17 AM
From: Peter Dierks	2 Recommendations Read Replies (2) \| Respond to of 71588

So the U.S. (the largest drug user in the world) can't do what Canada does, huh? Geeee, is that really how "capitalism" works....LOL Aesop told a fable about a farmer who discovered he had a goose that laid a golden egg every day. Your desire to see us cut open that goose to get all the eggs today will destroy the engine that creates almost all of the medical innovation in the world. That which is not advancing is falling behind.