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Badnarik on High Drug Costs
Posted By Jason on 8/25/2004 @ 3:41 pm

How to reduce drug costs

"Excess regulation has increased new drug development time by a decade since the 1960s and multiplied development costs 5-fold. Consequently, our seriously ill die waiting for life-saving medicines and pay exorbitant prices when they finally can purchase them. Since these excess regulations kill many more people than they save, they can be safely eliminated, slashing pharmaceutical prices virtually overnight!"

This is vastly different from solutions being put forth by the likes of John Edwards. He wants to prevent drug companies from running advertising to cut down the costs. Somehow Johnny boy isn't convincing me.

I agree with Michael Badnarik on this one.

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URL to article: http://trommetter.com/log/archives/2004/08/25/badnarik-on-high-drug-costs/

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