Democratic presidential candidate John Edwards on Thursday proposed cutting health care costs by removing patents for breakthrough drugs and requiring health insurance companies to spend at least 85 percent of their premiums on patient care.
- AP/Forbes (read full story here)
Translation = The Breck Girl advocates Soviet-style health care.
No surprise here.
Friday, June 15, 2007
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Elizabeth, if you see this, your vision to help create new breakthrough drugs goes down the drain with an Edwards Presidency.
If there is no ability for a drug company to make an economic return (profit) on their successful results (because they obviously lose money on the unsuccessful ones) then there is no reason to even try.
Oh wait, the government chemists will figure it all out for free. I'm sure they will be motivated and will attract the best people. Not.
Edwards presents a specific reason why electing him is very bad for your career.
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