RE: Heard about EpiPen CEO?
August 27, 2016 at 1:17 pm
(August 27, 2016 at 12:03 pm)Minimalist Wrote: Colbert rips the bitch a new asshole.
http://www.rawstory.com/2016/08/colbert-...o-shkreli/
Quote:Colbert blisters Mylan CEO Heather Bresch as the ‘douchebag’ equivalent of ‘Pharma Bro’ Shkreli
Includes video.
Saw that, and she deserves it and most of the drug/medical supply/insurance industry does. I really hate it when you rightfully point out an abuse, you get painted as against the private sector, which is not my issue in any case. But rather it is attitudes at the top in an overall climate. The global market private sector cannot be exterminated on a planet of 7 billion, but it certainly should be regulated better as to not be so exploitative.
I think the world's top earners use the same bullshit line religion does "it's complicated" and or "you wouldn't understand". Yet the sane on the left can point to long term data that proves that the conservative model is wrong, just like with religion, "it's complicated" doesn't change the harm and divisions we do see in it.
Economies are about gaining resources, and all life needs resources, and when those resources are monopolized to the point more fall behind, it is no different than an ecosystem where an invasive species gains a monopoly, it comes at the expense of the other life in that ecosystem, which in turn, can be harmful even to the dominate species.
Our current system is only slightly better now, because of the ACA, but still not where we should be by any stretch. You cannot simply keep raising the cost of basics, price more people out of stability, then expect that system to remain stable, it eventually leads to the harm of even those at the top.
So when people say "it's complicated" yes, sure, but when you have competing ideas of how a healthy economy should work, if it were working like the right claims then nobody would be bitching. Life that is not stressed out doesn't go off the rails when stable.
The other falsehood, or thing that is ignored, when it comes to economic ideas, for either side, is that times change, and while what might work now, still needs adjusting over time.
When we look at economic history we know what unhealthy risks lead to the great depression and our great recession, then the high taxes on the rich and investment after WW2 that lead to the economic boom and middle class, to what we have now our 36 year decline started by Reagan. The data is in and to cling to the GOP model is insane.