Monday, November 9, 2009

Armey Says Health Care Reform Stifles Innovation


In a recent interview with CNN, Dick Armey, the former House Majority Leader, said that the health care bill passed on Saturday has the potential to destroy the whole pharmaceutical industry. Armey references William Shakespeare and Thomas Edison:

"You go right back to Shakespeare, who first said, 'If it can't be sold for a profit, it's not worth writing,' or take Thomas Edison's reiteration of it, 'If it can't be sold for a profit, it's not worth inventing’…If the government is going to control what it is, whether it can be distributed, what it is, what price it can be sold, you will disincentive the whole process of research.”

First of all, why should our government sustain an industry that hurts its citizens, yet keeps investors, many of which are within the political sphere, rich through earnings? The goal of the bill is to provide greater health care coverage for all Americans, not to keep the industry thriving. Which is more important?

Armey is in a complete disregard for any success other than economic. Let me refer to one of my great inspirations: Henry David Thoreau.

Thoreau speaks of the beauty within ordinary life and about finding meaningfulness in one’s existence, which means living with each present moment, neither looking into the past or future.

Thoreau’s philosophy is that production of a person should never be defined by its market value. In order for one to finding meaning in the ordinary and within the context of their lives, one needs to produce things that express true selfhood. Financial gain is not the only goal of a creative purpose.

“In my case, did I think it work my while to weave them (baskets), and instead of studying how to make it work men’s while to buy my baskets, I studied how rather to avoid the necessity of selling them.” (Thoreau, Walden)

A true drive of imagination and creativity is what produces an innovative society striving for success, not merely a money-hungry nation focused on economic success.

There are plenty of incentives to create besides making a profit. Besides, according to the Shakespeare resource Web site, Shakespeare was never considered wealthy by London standards. One could say: If you never make it to the top of the social classes, why try at all? Why keep producing if no one buys it at first? Shakespeare kept trying and striving to be better most likely because he believed in what he did and was passionate about it, not solely because of the profit he would make.

Although the health care bill might damage the pharmaceutical industry, the benefits of it offer a promising future that can outweigh the negative outcomes.

1 comment:

  1. Though I think he brings up a good point. I do think that the benefits of Obama's healthcare plan are definitely going to outweigh the potential cons. I think this nation needs a change!!!

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