There is a belief in MAGAland that the private sector will just fund this stuff. For example, Sean Hannity said that “most of the solutions for cancer are going to be found in the private sector, not with public money.”
But thats simply not true.
But thats simply not true.
Reposted from
BWJones
By @katherinejwu.com
"The NIH... supported 99 percent of the drugs approved in the U.S. from 2010 to 2019. The agency has had a hand in “nearly all of our major medical breakthroughs over the past several decades,”
The NIH is in a struggle for its (and our) lives. This is existential to America:
"The NIH... supported 99 percent of the drugs approved in the U.S. from 2010 to 2019. The agency has had a hand in “nearly all of our major medical breakthroughs over the past several decades,”
The NIH is in a struggle for its (and our) lives. This is existential to America:
Comments
Neither the free market nor the church ever has, and the math simply doesn't work.
There is more oversight/accountability in govt than the private sector, in part, due to the ‘bureaucrats’ who strictly follow the law adhering to ethics guidances to avoid COIs.
If the federal government wants to find money, maybe start by taking a % from the companies that were built on taxpayer $
📚The Entrepreneurial State by @mazzucatom.bsky.social 🤗
'In 2019–2023, funding for companies focused on ED was six times higher than that for endometriosis.'
The last potential example I can think of was the March of Dimes.
For many private sector companies, without government contracts and subsidies, they would be probably be bankrupt.