I will give you a little history of something I know for a fact about the pharmaceutical industry, I worked for Monsanto from 93 til 98 when we were bought out by pharmacia, then in 2000 we were bought out by Phizer, our little plant (150 employees counting contractors) here in Augusta ga was the plant that launched celebrex, we supplied it for the world for the first 2 1/2 years until they got the plant in puerto rico running, see if a finished product in made in the united states it is taxed 40 percent, and some wonder why they haven't made puerto rico a state because if its made there, FDA regulated and all it is only taxed 8 percent, every pharmaceutical company has 3-6 plants in puerto rico (been there and seen it), our government is bought and owned by the big companies, in 2006 our plant was closed and it was the most updated and automated plant in the state, nobody wanted to buy it because they can build in puerto rico and only be taxed 8 percent, even out of country companies that get tax relief for owning here will pay less in wages and other benefits by owning in puerto rico and still be able to sale here in the states, our cost of medicines here are so high because this is where all the R&D is done, they re coop there cost from us, thats why you can get the same medication at lower cost from other countries, face it our country is run by big companies because there lobbiest are well funded to get things pushed through our government.
And yaw talk about cars and stuff when most of it is made in Mexico, economy and bad management plus help from the unions was the down fall for them. And the made in America sticker on thing is a bunch of bull, John Deere here in Ga gets all there equipment sent here already put together in those big shipping crates, they put the stickers on here and the tires and then they can legally put Made In America stickers on them, face it, a man on TV said in 2000 by the year 2020 there will be no industrial jobs here in the states, well by the looks of it, it might be sooner than that.......
Maybe the 40 percent tax is the key problem,not the big companies.Are these companies just supposed to eat this 40 percent?
I bet if you lived in a state that taxed your wages 8 percent you would not be in a hurry to move to a state where they took 40 percent of your earnings. Sounds like the government was making more on the Celebrex than Monsanto.The government did not assume the risk,invest the money or spend the money on the research for Celebrex. Yet they can claim 40 percent.Go figure!