Bernie Sanders: We Will Raise Taxes On Anyone Making Over $29,000 To Fund Government Health Care

[Ray From Cleveland]

You going to gamble $500M on a 3% probability it’ll get thru testing and survive the FDA gauntlet so you can have a 1% return?

The fact is, much of the development of drugs is done on the University level.

Universities Stepping Up Efforts To Discover Drugs

So where do the universities get their money from?

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

 

[pknopp]

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

So which university has $500M to burn?

You are being misled. How are the developing drugs now?

Ya, I can’t name any university that has money for it either.

And yet they are creating new drugs.

Post the list.
I’ll wait.

I posted the link noting the development taking place at universities.

 

[Toddsterpatriot]

People pay a ton for health care now. People seem to forget that. So if it costs you $650 a month now or $450 in higher taxes you are ahead.

Because when government gets involved, stuff gets cheaper......DURR.

Eliminate the profit angle and there is no reason it shouldn't.

It worked for college tuition...….LOL!

 

[Weatherman2020]

So which university has $500M to burn?

You are being misled. How are the developing drugs now?

Ya, I can’t name any university that has money for it either.

And yet they are creating new drugs.

Post the list.
I’ll wait.

I posted the link noting the development taking place at universities.

Developing is code word for send us more money.

You got nothing.

 

[pknopp]

The fact is, much of the development of drugs is done on the University level.

Universities Stepping Up Efforts To Discover Drugs

So where do the universities get their money from?

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

 

[pknopp]

People pay a ton for health care now. People seem to forget that. So if it costs you $650 a month now or $450 in higher taxes you are ahead.

Because when government gets involved, stuff gets cheaper......DURR.

Eliminate the profit angle and there is no reason it shouldn't.

It worked for college tuition...….LOL!

What are you talking about? There is a ton of profit in college tuition. There is even a lawsuit recently filed over that.

 

[Weatherman2020]

So where do the universities get their money from?

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Which college did you go to to learn to be that clueless?

 

[Weatherman2020]

People pay a ton for health care now. People seem to forget that. So if it costs you $650 a month now or $450 in higher taxes you are ahead.

Because when government gets involved, stuff gets cheaper......DURR.

Eliminate the profit angle and there is no reason it shouldn't.

It worked for college tuition...….LOL!

What are you talking about? There is a ton of profit in college tuition. There is even a lawsuit recently filed over that.

But they’ll just give away drugs!

 

[pknopp]

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Which college did you go to to learn to be that clueless?

Right, when you have no argument just attack the participant. Weak.

 

[Weatherman2020]

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Which college did you go to to learn to be that clueless?

Right, when you have no argument just attack the participant. Weak.

Stay on planet earth and you’ll get a discussion.

Ask me how many decades I worked in the topic.

 

[pknopp]

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Which college did you go to to learn to be that clueless?

Right, when you have no argument just attack the participant. Weak.

Stay on planet earth and you’ll get a discussion.

Ask me how many decades I worked in the topic.

I've backed up everything I've said.

 

[Toddsterpatriot]

None of this will work without price controls. So i don't see the point. The first argument needs to be over price controls.

So you don’t want any new drugs created.

Why? People who create drugs would no longer wish to create drugs?

You going to gamble $500M on a 3% probability it’ll get thru testing and survive the FDA gauntlet so you can have a 1% return?

The fact is, much of the development of drugs is done on the University level.

Universities Stepping Up Efforts To Discover Drugs

The fact is, much of the development of drugs is done on the University level.

That is awesome!!
Is that why tuition is so expensive?
Gotta pay for those billion dollar drug trials?

 

[Weatherman2020]

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Which college did you go to to learn to be that clueless?

Right, when you have no argument just attack the participant. Weak.

Stay on planet earth and you’ll get a discussion.

Ask me how many decades I worked in the topic.

I've backed up everything I've said.

Saying a university will magically develop new drugs and hand them out for free is not an answer.

 

[Ray From Cleveland]

So where do the universities get their money from?

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Okay, now I know what you're talking about.

I contacted my cousin who is a research doctor years ago about that. She sent me back an explanation of what really goes on.

In short, pharmaceutical companies spend hundreds of millions of dollars trying to get a new drug on the market. After all this money spent, and all the time to get FDA approval (sometimes up to ten years) they have to make that money back.

Okay, so what happens when the drug companies spend all that time and money, and get rejected by the FDA? They recoup those losses on the drugs they already have on the market. It's the only way to stay in business.

Like doctors and hospitals, there is an expectation of liability in this country. So in the medications we buy, there is an intrinsic cost we all pay for legal protection. Just look at what the companies that manufacture opioid products are going through now.

When the media reports on things like this, all they tell you is that so and so produce a pill for twenty cents, and sell it for twenty dollars, but they never explain why.

 

[pknopp]

None of this will work without price controls. So i don't see the point. The first argument needs to be over price controls.

So you don’t want any new drugs created.

Why? People who create drugs would no longer wish to create drugs?

You going to gamble $500M on a 3% probability it’ll get thru testing and survive the FDA gauntlet so you can have a 1% return?

The fact is, much of the development of drugs is done on the University level.

Universities Stepping Up Efforts To Discover Drugs

The fact is, much of the development of drugs is done on the University level.

That is awesome!!
Is that why tuition is so expensive?
Gotta pay for those billion dollar drug trials?

I covered that.

 

[HenryBHough]

Nutty Old Uncle Bernie's tax-the-middle plan won't fly with his base.

It's not nearly punitive enough to excite America's millions of welfare moochers.

 

[pknopp]

Many different sources. Students, the government, benefactors........what they don't have is an obligation to appease shareholders.

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Okay, now I know what you're talking about.

I contacted my cousin who is a research doctor years ago about that. She sent me back an explanation of what really goes on.

In short, pharmaceutical companies spend hundreds of millions of dollars trying to get a new drug on the market. After all this money spent, and all the time to get FDA approval (sometimes up to ten years) they have to make that money back.

Okay, so what happens when the drug companies spend all that time and money, and get rejected by the FDA? They recoup those losses on the drugs they already have on the market. It's the only way to stay in business.

Like doctors and hospitals, there is an expectation of liability in this country. So in the medications we buy, there is an intrinsic cost we all pay for legal protection. Just look at what the companies that manufacture opioid products are going through now.

When the media reports on things like this, all they tell you is that so and so produce a pill for twenty cents, and sell it for twenty dollars, but they never explain why.

Remove the profit.

 

[Weatherman2020]

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Okay, now I know what you're talking about.

I contacted my cousin who is a research doctor years ago about that. She sent me back an explanation of what really goes on.

In short, pharmaceutical companies spend hundreds of millions of dollars trying to get a new drug on the market. After all this money spent, and all the time to get FDA approval (sometimes up to ten years) they have to make that money back.

Okay, so what happens when the drug companies spend all that time and money, and get rejected by the FDA? They recoup those losses on the drugs they already have on the market. It's the only way to stay in business.

Like doctors and hospitals, there is an expectation of liability in this country. So in the medications we buy, there is an intrinsic cost we all pay for legal protection. Just look at what the companies that manufacture opioid products are going through now.

When the media reports on things like this, all they tell you is that so and so produce a pill for twenty cents, and sell it for twenty dollars, but they never explain why.

Remove the profit.

List the new drugs released by a socialist nation in the past 25 years.
I’ll wait.

 

[pknopp]

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Okay, now I know what you're talking about.

I contacted my cousin who is a research doctor years ago about that. She sent me back an explanation of what really goes on.

In short, pharmaceutical companies spend hundreds of millions of dollars trying to get a new drug on the market. After all this money spent, and all the time to get FDA approval (sometimes up to ten years) they have to make that money back.

Okay, so what happens when the drug companies spend all that time and money, and get rejected by the FDA? They recoup those losses on the drugs they already have on the market. It's the only way to stay in business.

Like doctors and hospitals, there is an expectation of liability in this country. So in the medications we buy, there is an intrinsic cost we all pay for legal protection. Just look at what the companies that manufacture opioid products are going through now.

When the media reports on things like this, all they tell you is that so and so produce a pill for twenty cents, and sell it for twenty dollars, but they never explain why.

Remove the profit.

List the new drugs released by a socialist nation in the past 25 years.
I’ll wait.

No idea why you think you need to go there. Germany develops a ton of drugs but still has a system where everyone can afford to see a doctor when need be.

 

[Ray From Cleveland]

The federal government on average funds half of the research anyway. Taxpayer dollars for sure.

The 20 universities getting the most money from the federal government

They do which makes the claims by the pharmaceutical companies complete B.S.

What claims are those?

Their costs. Much of their costs are covered by the government. It's a case of the taxpayers picking up the costs and the "shareholders" getting the profits.

Okay, now I know what you're talking about.

I contacted my cousin who is a research doctor years ago about that. She sent me back an explanation of what really goes on.

In short, pharmaceutical companies spend hundreds of millions of dollars trying to get a new drug on the market. After all this money spent, and all the time to get FDA approval (sometimes up to ten years) they have to make that money back.

Okay, so what happens when the drug companies spend all that time and money, and get rejected by the FDA? They recoup those losses on the drugs they already have on the market. It's the only way to stay in business.

Like doctors and hospitals, there is an expectation of liability in this country. So in the medications we buy, there is an intrinsic cost we all pay for legal protection. Just look at what the companies that manufacture opioid products are going through now.

When the media reports on things like this, all they tell you is that so and so produce a pill for twenty cents, and sell it for twenty dollars, but they never explain why.

Remove the profit.

Remove the profit, and you remove the company. Nobody works for free. Remember, the universities only do "some" development and research of drugs. They don't have the hundreds of millions to get the drug on the market. That's up to the companies to do.

However if we streamlined our FDA and liability, that would help quite a bit.