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

[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.

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.

List the drugs created

 

[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.

Remove the profit, and you remove the company. Nobody works for free.

Sheesh.

 

[Weatherman2020]

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.

In la-la land everyone just volunteers!

 

[pknopp]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

 

[dblack]

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.

Have you ever given any thought to what profit is, what role it plays in an economy? You dismissed the idea that profit is payment for services rendered, but it is that, and more. It's a deliberate allocation of society's resources. It's people deliberately giving their money to those who can best provide them with their wants and needs. That's a good thing. We want the people who are good at managing capital and labor to have more capital and labor to manage. The people who are best, to have the most. Because they've proven they'll do things we like with that power. And if they don't, we'll stop giving them our money.

When we "eliminate profit" we break that feedback loop. We're essentially saying to consumers, "You're doing it wrong", that the priorities and values expressed by society via the market aren't valid and only government overseers can make the call. That, to me, is about as undemocratic as it gets. You may find consolation in the notion that you get to vote for the overseers every few years, but that's a sad replacement for the real time feedback of a free market - where "voters" can express themselves every day.

 

[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.

Have you ever given any thought to what profit is, what role it plays in an economy? You dismissed the idea that profit is payment for services rendered, but it is that, and more. It's a deliberate allocation of society's resources. It's people deliberately giving their money to the those who can best provide them with their wants and needs. That's a good thing. We want the people who are good at managing capital and labor to have more capital and labor to manage. The people who are best to have the most. Because they've proven they'll do things we like with that power. And if they don't, we'll stop giving them our money.

When we "eliminate profit" we break that feedback loop. We're essentially saying to consumers, "You're doing it wrong", that the priorities and values expressed by society via the market aren't valid and only government overseers can make the call. That, to me, is about as undemocratic as it gets. You'll may find consolation in the notion that you get to vote for the overseers every few years, but that's a sad replacement for the real time feedback of a free market - where "voters" can express themselves every day.

Non profits don't work? People who work at non profits dont' get paid? How about if you want a profit you forgo ALL government money?

 

[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!

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

There is a ton of profit in college tuition.

Most colleges are non-profits.

 

[dblack]

Have you ever given any thought to what profit is, what role it plays in an economy?

Non profits don't work? People who work at non profits dont' get paid? How about if you want a profit you forgo ALL government money?

I'll take that as a "no".

 

[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.

There is a ton of profit in college tuition.

Most colleges are non-profits.

That isn't what was said.

 

[Weatherman2020]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

Most of those are divisions of American companies. The challenge for you was to tell us which drugs were created in a socialist nation.

 

[Toddsterpatriot]

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.

What post #?

 

[Ray From Cleveland]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

They have pharmaceutical companies everywhere, but it doesn't' mean the drugs they make are actually created there. For instance, some drugs that are refused by the FDA are available in other countries.

 

[Toddsterpatriot]

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.

It worked for the Venezuelan oil industry.

 

[pknopp]

Have you ever given any thought to what profit is, what role it plays in an economy?

Non profits don't work? People who work at non profits dont' get paid? How about if you want a profit you forgo ALL government money?

I'll take that as a "no".

You pretend that things only work if there is a profit. That's not true. As I said though, you want a profit you forgo all taxpayer money. Why is that not fair? Why should the taxpayers fund the development for others to get the profit?

 

[Weatherman2020]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

They have pharmaceutical companies everywhere, but it doesn't' mean the drugs they make are actually created there. For instance, some drugs that are refused by the FDA are available in other countries.

Yep. Did testing in Canada and Europe because they have less stringent regulations.

 

[pknopp]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

They have pharmaceutical companies everywhere, but it doesn't' mean the drugs they make are actually created there. For instance, some drugs that are refused by the FDA are available in other countries.

I have to chuckle........you were arguing for a near complete revamp of the health care industry until you realized what you were arguing and then.............lol

 

[pknopp]

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.

List the drugs created

List of Pharmaceutical Companies in Germany - Pharmapproach.com

They have pharmaceutical companies everywhere, but it doesn't' mean the drugs they make are actually created there. For instance, some drugs that are refused by the FDA are available in other countries.

If you want to believe all those companies develop nothing, well you can own that belief.

 

[Toddsterpatriot]

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.

Have you ever given any thought to what profit is, what role it plays in an economy? You dismissed the idea that profit is payment for services rendered, but it is that, and more. It's a deliberate allocation of society's resources. It's people deliberately giving their money to the those who can best provide them with their wants and needs. That's a good thing. We want the people who are good at managing capital and labor to have more capital and labor to manage. The people who are best to have the most. Because they've proven they'll do things we like with that power. And if they don't, we'll stop giving them our money.

When we "eliminate profit" we break that feedback loop. We're essentially saying to consumers, "You're doing it wrong", that the priorities and values expressed by society via the market aren't valid and only government overseers can make the call. That, to me, is about as undemocratic as it gets. You'll may find consolation in the notion that you get to vote for the overseers every few years, but that's a sad replacement for the real time feedback of a free market - where "voters" can express themselves every day.

Non profits don't work? People who work at non profits dont' get paid? How about if you want a profit you forgo ALL government money?

Non profits don't work?

You have a list of drugs that a non-profit has run from discovery thru trials thru FDA approval to release?
The top 5 should be plenty.

 

[pknopp]

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.

Have you ever given any thought to what profit is, what role it plays in an economy? You dismissed the idea that profit is payment for services rendered, but it is that, and more. It's a deliberate allocation of society's resources. It's people deliberately giving their money to the those who can best provide them with their wants and needs. That's a good thing. We want the people who are good at managing capital and labor to have more capital and labor to manage. The people who are best to have the most. Because they've proven they'll do things we like with that power. And if they don't, we'll stop giving them our money.

When we "eliminate profit" we break that feedback loop. We're essentially saying to consumers, "You're doing it wrong", that the priorities and values expressed by society via the market aren't valid and only government overseers can make the call. That, to me, is about as undemocratic as it gets. You'll may find consolation in the notion that you get to vote for the overseers every few years, but that's a sad replacement for the real time feedback of a free market - where "voters" can express themselves every day.

Non profits don't work? People who work at non profits dont' get paid? How about if you want a profit you forgo ALL government money?

Non profits don't work?

You have a list of drugs that a non-profit has run from discovery thru trials thru FDA approval to release?
The top 5 should be plenty.

We unfortunately do not work that way. Its the way I am arguing for.

Insulin was meant as a non profit until for profit companies got hold of it.

 

[Toddsterpatriot]

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.

There is a ton of profit in college tuition.

Most colleges are non-profits.

That isn't what was said.

Because when government gets involved, stuff gets cheaper......DURR. <like college tuition, eh?​

​

Eliminate the profit angle and there is no reason it shouldn't. <non-profit tuition getting cheaper?​