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MindMover

(5,016 posts)
3. Probably the only thing Cheney said that I did believe.....
Thu Jun 14, 2012, 03:03 PM
Jun 2012

"To put this in perspective, the government is currently paying about 2.7 percent interest on 30-year government bonds. If we equate the additional revenue going to drug companies because of government-granted patent monopolies to interest payments on government debt, it would take more than $11 trillion debt (at 70 percent of gross domestic product) to impose an interest burden on US taxpayers that is comparable to the burden created by patent monopolies on prescription drugs. In other words, patent monopolies on prescription drugs impose roughly the same burden on taxpayers as the entire publicly held debt."

Latest Discussions»Issue Forums»Editorials & Other Articles»The Debt Is Not a Measure...»Reply #3