In Bed with the Fed
Wednesday, June 10th, 2009In the current political-economic environment where the federal government closely scrutinizes and highly regulates almost every economic sector, one industry seems to consistently maintain exemption. The conventional drug manufacturers and marketers enjoy the freedoms of high pricing and limited competition mostly because of the lack of government interference. Now, I am a laissez-faire type of person philosophically. I believe the economy runs most efficiently with the least amount of government interference. But the Fed’s hands-off policy for pharmaceutical companies makes for a very unlevel playing field in today’s government restrained market place. There is consistent reluctance in Washington to question the research and marketing strategies of big pharma. Tax breaks, protected markets, and generous fiscal policies for the drug producers seem to be free flowing from Congress and government agencies. Conversely, producers and advocates of anything outside of the conventional medicine realm are usually excluded from the same favors and are often blocked out of the competition through legislative constraints or enforcement of unnecessary rules. How does this happen?
A recent investigation by the Center for Public Integrity found that giant pharmaceutical companies collectively spend over $100 million a year in federal lobbying and campaign donations. This is the largest lobbying expenditure in the nation. No other industry spends more money to sway public policy. The medicine makers employ the services of about 3,000 lobbyists at the federal level. Over a thousand of these are former federal officials who have valuable connections in the Congress, the FDA, the Department of Health and Human Services, and various other health-related offices. Currently, seventy-five drug industry lobbyist are former members of Congress.
If you wondered why it is so difficult for this country to begin a shift toward complementary cancer therapies and integrative oncology, you now have the answer. Yesterday’s post about the huge marketing efforts of the pharmaceutical industry and today’s points about the industry’s influence on government policy form the basis for the impairment of any new approach to fighting cancer. Anything fresh and new in cancer treatment will have to break through these barriers. It starts with us. We must demand complementary therapies from our oncologists, advocate for integrative oncologists, and support specific research into natural, non-toxic complements to conventional therapies. The pharmaceutical industry, as well as conventional medical providers, will ultimately respond to consumer demands. I’ll have more on the pharmaceutical industry’s influence on the government in tomorrow’s post.