I truly don't understand your response. There is no ideology here, just math. Yeah, the it is a shitty business in that costs are ridiculous. It is in all of our interests to understand this and try to provide a better operating environment.
No, this does not mean throwing all regulations out the window and letting companies put out unsafe product.
There's a huge continuum between the scenario you envision someone like me "pushing" for and our current reality (which is getting worst every year). Somewhere in there there's a better place where drug company costs are reduced, approvals don't cost so much, frivolous lawsuits are reduced and the regulatory framework achieves a good balance between promoting R&D and serving the common good.
You are stuck on "they are all evil", which simply does not align with reality.
I am astounded at how illiterate our population is about even the most basic aspects of business. We give our school system our kids for, what, 13 years or so and they come out without any real skills to hold a job, start a business or even understand finances. This is truly terrible.
No, this does not mean throwing all regulations out the window and letting companies put out unsafe product.
There's a huge continuum between the scenario you envision someone like me "pushing" for and our current reality (which is getting worst every year). Somewhere in there there's a better place where drug company costs are reduced, approvals don't cost so much, frivolous lawsuits are reduced and the regulatory framework achieves a good balance between promoting R&D and serving the common good.
You are stuck on "they are all evil", which simply does not align with reality.
Here:
https://www.forbes.com/sites/matthewherper/2013/08/11/how-th...
https://www.fool.com/investing/general/2016/04/30/the-cost-o...
I am astounded at how illiterate our population is about even the most basic aspects of business. We give our school system our kids for, what, 13 years or so and they come out without any real skills to hold a job, start a business or even understand finances. This is truly terrible.