In response to:

Just in Time: Another Liberal Who Knows Everything

Delta Wrote: Feb 03, 2013 2:01 PM
You're both correct - very few compounds are thoroughly tested outside North America, but U.S. pharmaceutical companies that create these drugs, if they want to distribute them in socialistic countries can only charge what the regimes permit. That's the reason, in order to remain profitable, we Americans pay such high prices for drugs. And if the big-eared one gets his way, even if we have the money, there will be much less research/development.

ZealousConscript wrote: As far as the cost of prescription medicine, I would suggest "The $800 Million Dollar Pill" by Merrill Goozner. Pretty damning evidence about how Big Pharma uses government funding to research drugs, then turns around sells them at astronomical cost in order to increase their profit margin.- Don't Let Obama Kill "Pills for Profit"

Dear Comrade Zealous,

Strike one is that Goozner is from Chicago. Strike two is that Goozner was the Chief Economics Correspondent for the Chicago Tribune.

And there is one thing worse than being an economist, and that’s being a journalist. And to sink...

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