News for hackers. Stuff that matters.
Re:Why America's economy is soaring ahead of its rivals by amrocha on Wednesday December 04, 2024 @10:31PM (#42324638)
If you think that’s for the benefit of the rest of the world then I’ve got a bridge to sell you.
Re:Why America's economy is soaring ahead of its rivals by nradov on Wednesday December 04, 2024 @11:10PM (#42324876)
No one claimed that it's for the benefit of the rest of the world. But the reality is that if US drug prices were fixed by the government at lower levels then there would be less new drug development. The US develops around 75% of world's new drugs. Would you prefer to have fewer new drugs going forward?
Re:Why America's economy is soaring ahead of its rivals by amrocha on Wednesday December 04, 2024 @11:49PM (#42325073)
Ok so your argument changed from “USA subsidizes drug development” to “it’s good to let people die because they’re poor”.

If it’s not for the benefit of the world, then it’s for its own benefit. Someone is profiting from this. There’s no charity happening here.

Re:Why America's economy is soaring ahead of its rivals by sib on Thursday December 05, 2024 @12:11AM (#42325173)
Nope. Nobody changed the argument. No one said "USA subsidizes drug development out of a societal sense of charitable obligation to the rest of the world." It just so happens that - due to the unfortunate design of our system - the rest of the world is receiving a subsidy.

In fact, there are European-HQ'd pharma companies that also make the lion's share of their profits in the US - so that's certainly not benefiting the US.

Re:Why America's economy is soaring ahead of its rivals by amrocha on Thursday December 05, 2024 @01:25AM (#42325517)
It’s not the rest of the world getting subsidized, it’s pharmaceutical companies. The rest of the world is getting fleeced trying to buy vaccines.

If your government wants to give even more profits to big pharma then go ahead, just don’t claim everyone else should be thankful.

Re:Why America's economy is soaring ahead of its rivals by buttercraft on Thursday December 05, 2024 @11:22AM (#42329586)
> just don’t claim everyone else should be thankful.

They did not claim that.

>> it’s good to let people die because they’re poor

They didn't say that either.

What dishonest responses...