Thursday, April 12, 2012

Privatization

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Privatization of basic drug research takes the cost of academic grants and basic research out of the government’s budget and passes it through to the consumer along with industry profits, executive bonuses and marketing expenses. The greatest cost burden then falls to the middle class considering that the poor simply do without and land in the emergency room. Adding prescription insurance merely adds another industry’s profits, bonuses and marketing expense onto the already over burdened consumer.
   

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