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Sunday, January 23, 2011

2 things about the impending government takeover of medicine.

These items are side-by-side at Memeorandum:

1. In the Boston Globe, a Harvard nanophysics researcher named Mike Stopa says the term "death panels" "persists... because it denotes, in a pithy way, the economic realities of scarcity inherent in nationalizing a rapidly developing, high-technology industry on which people’s lives depend in a rather immediate way."

2. The NYT reports that "The Obama administration has become so concerned about the slowing pace of new drugs coming out of the pharmaceutical industry that officials have decided to start a billion-dollar government drug development center to help create medicines."

Life and death — it's economics, and the government is here to help.

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