Geee Posted August 24, 2011 Share Posted August 24, 2011 American Spectator:While President Obama rests up at Martha's Vineyard, people whose lives should be saved by new and existing cancer drugs are driving from hospital to hospital in search of medicines in short supply thanks in part to Obamacare's implementation.Over the past two years shortages have developed for over 180 drugs, including cancer treatments. The shortfall is the result of stricter FDA regulation, government price controls on already discounted but complex drugs, and policies that discourage the use of new medications. Companies, facing lower prices, tighter regulation and increasing government control over what drugs will be used and when, are exiting the U.S. market and investing in product development in China and India where, sadly, it is easier and cheaper to produce next-generation medicines.Stockpiling will only add to people's suffering by replacing market reforms with government micromanagement. Government planners require months, if not years, to produce regulations, bids and supply estimates that are usually overgenerous to compensate for paltry prices. Government bungling was behind the failure of the smallpox and H1N1 vaccine program and responsible for billions of dollars in flu vaccines and antibiotics being dumped. The same forces pushing stockpiling also believe commercializing medical discoveries is evil. It's part of a larger effort to nationalize the development of medicines that under Obamacare is become institutionalized.Indeed, the drug shortage is a product of a more troubling trend. At a time when medical research could yield breakthroughs in the treatment of obesity, Alzheimer's, diabetes, and stroke, among others, innovation has all but dried up. Most of the medicines being used today were developed 30 years ago. Most of them have generic competition. They have contributed greatly to increased wellbeing but as the return on generic drugs fall, price controls and regulation have created shortages.Obamacare is making the commercialization of newer drugs and devices more difficult. Link to comment Share on other sites More sharing options...
Evad Posted August 24, 2011 Share Posted August 24, 2011 People say "Doesn't he realize this?" and the answer is, Of course he realizes it. It's all part of his plan. But, we have plenty of money for Planned Abortionhood...errr...Planned Parenthood Link to comment Share on other sites More sharing options...
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