why so many jobs are leaving the US, and a host of other things that benefit the wealthy and large corporations, all at the expense of the taxpayer.
The fact that a wealthy company or individual can literally buy an elected official through a campaign donation is one of the reasons we see so much income inequality in the world today, among other things. And as I mentioned, the problem with so many things in our society, from income inequality to a loss of manufacturing jobs, is related to the obscene amount of money in politics.
And they continue spending tremendous amounts of money on politicians to get whatever they want. This is a big reason why prescriptions in the US are so expensive, why we don\’t have affordable healthcare, why so many jobs are leaving the US, and a host of other things that benefit the wealthy and large corporations, all at the expense of the taxpayer. In another spending campaign, Big Pharma made a bunch of campaign donations get a law passed that allows Big Pharma to name their own process for drugs. No other industry has this authority. Rightly so, our government (and every other government on earth too) regulates industry prices. Not pharmaceuticals which is why drug prices in the US are so high, forcing many to buy their drugs outside the US.
Tags: benefit, large, leaving, other, things, wealthy
Heres another example. Its hard to believe, but the pharmaceutical drug industry has spent an incredible amount of money lobbying against state laws aimed to restrict the amount of prescription diploids. The makers of prescription painkillers like Oxycontin, Vicodin and fentanyl, spent $880 million on campaign contributions and lobbying initiatives from 2006 through 2015, according to the Associated Press and Center for Public Integrity. The amount is approximately 200 times more than what advocates for limiting medical narcotics and implementing stricter state policies have spent in the same time period. But its not just the drug manufacturers. Advocacy groups, like the American Cancer Society Cancer Action Network, teamed up with the drug-makers to employ an annual average of 1,350 lobbyists to coax state lawmakers, the AP reports.
Unfortunately this is how Washington works on many initiatives. And this is a good example of how influence buying in politics is hurting our society.