Thursday, November 27th, 2014

20 Signs That The Pharmaceutical Companies Are Running A 280 Billion Dollar Money Making Scam

Michael Snyder
The American Dream
June 21st, 2013
Reader Views: 693

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If you could get 70 percent of Americans addicted to your drugs and rake in $280 billion a year in the process, would you do it?¬† If you could come up with a ‚Äúpill for every problem‚ÄĚ and charge Americans twice as much for those pills as people in other countries pay, would you do it?¬† If you could make more money than you ever dreamed possible by turning the American people into the most doped up people in the history of the planet, would you do it?¬† In America today, the number of people hooked on legal drugs absolutely dwarfs the number of people hooked on illegal drugs.¬† And sadly, the number of people killed by legal drugs absolutely dwarfs the number of people killed by illegal drugs.¬† But most Americans assume that if a drug is ‚Äúlegal‚ÄĚ that it must be safe.¬† After all, the big pharmaceutical companies and the federal government would never allow us to take anything that would hurt us, right?¬† Sadly, the truth is that they don‚Äôt really care about us.¬† They don‚Äôt really care that prescription painkillers are some of the most addictive drugs on the entire planet and that they kill more Americans each year than heroin and cocaine combined.¬† They don‚Äôt care that antidepressants are turning tens of millions of Americans into zombies and can significantly increase the chance of suicide (just look at the warning label).¬† All the big pharmaceutical companies really care about is making as much money as they possibly can.¬† The following are 20 signs that the pharmaceutical companies are running a $280 billion money making scam‚Ķ

#1 According to a study conducted by the Mayo Clinic, 70 percent of Americans are on at least one prescription drug.  An astounding 20 percent of all Americans are on at least five prescription drugs.

#2 According to the CDC, approximately 9 out of every 10 Americans that are at least 60 years of age say that they have taken at least one prescription drug within the last month.

#3 The 11 largest pharmaceutical companies combined to rake in approximately $85,000,000,000 in profits in 2012.

#4 During 2013, Americans will spend more than 280 billion dollars on prescription drugs.

#5¬†According to¬†Alternet, last year ‚Äú11 of the 12 new-to-market drugs approved by the Food and Drug Administration were priced above $100,000 per-patient per-year‚ÄĚ.

#6 The CDC says that spending on prescription drugs more than doubled between 1999 and 2008.

#7 Many prescription drugs cost about twice as much in the United States as they do in other countries.

#8¬†One study found that¬†more than 20 percent¬†of all American adults are taking at least one drug for ‚Äúpsychiatric‚ÄĚ or ‚Äúbehavioral‚ÄĚ disorders.

#9 The percentage of women taking antidepressants in America is higher than in any other country in the world.

#10 Children in the United States are three times more likely to be prescribed antidepressants than children in Europe are.

#11 A shocking Government Accountability Office report discovered that approximately one-third of all foster children in the United States are on at least one psychiatric drug.  In fact, the report found that many states seem to be doping up foster children as a matter of course.  Just check out these stunning statistics…

In Texas, foster children were 53 times more likely to be prescribed five or more psychiatric medications at the same time than non-foster children. In Massachusetts, they were 19 times more likely. In Michigan, the number was 15 times. It was 13 times in Oregon. And in Florida, foster children were nearly four times as likely to be given five or more psychotropic medications at the same time compared to non-foster children.

#12 In 2010, the average teen in the U.S. was taking 1.2 central nervous system drugs.  Those are the kinds of drugs which treat conditions such as ADHD and depression.

#13 The total number of Americans taking antidepressants doubled between 1996 and 2005.

#14 All of those antidepressants don’t seem to be working too well.  The suicide rate for Americans between the ages of 35 and 64 rose by close to 30 percent between 1999 and 2010.  The number of Americans that are killed by suicide now exceeds the number of Americans that die as a result of car accidents.

#15 According to the National Household Survey on Drug Abuse, 36 million Americans have abused prescription drugs at some point in their lives.

#16 A survey conducted for the National Institute on Drug Abuse found that more than 15 percent of all U.S. high school seniors abuse prescription drugs.

#17 According to the CDC, approximately three quarters of a million people a year are rushed to emergency rooms in the United States because of adverse reactions to pharmaceutical drugs.

#18 According to the Los Angeles Times, drug deaths (mostly caused by prescription drugs) are climbing at an astounding rate….

Drug fatalities more than doubled among teens and young adults between 2000 and 2008, years for which more detailed data are available. Deaths more than tripled among people aged 50 to 69, the Times analysis found. In terms of sheer numbers, the death toll is highest among people in their 40s.

#19 In the United States today, prescription painkillers kill more Americans than heroin and cocaine combined.

#20 Each year, tens of billions of dollars is spent on pharmaceutical marketing in the United States alone.

The American people deserve better than that.  Every year, the United States spends more on health care than Japan, Germany, France, China, the U.K., Italy, Canada, Brazil, Spain and Australia combined.  In fact, if the U.S. health care system was a separate nation it would be the 6th largest economy on the entire planet.

For all the money that we spend, we should be the healthiest people in the world by a wide margin.  Instead, life expectancy is higher in dozens of other countries and we have very high rates of cancer, heart disease and diabetes.  For much more on the colossal failure of our health care system, please see my previous article entitled “50 Signs That The U.S. Health Care System Is A Gigantic Money Making Scam“.

So what do you think about the pharmaceutical companies that are making billions of dollars by getting the American people addicted to their super-expensive legal drugs?

Please feel free to express your opinion by posting a comment below…

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Contributed by Michael Snyder of The American Dream.

Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream , The Truth and Economic Collapse Blog.

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  • lateToTheParty

    On #11. If you deal with kids in the foster system, then you will understand why. With parents who don’t give a damn or use their kids, uncles, aunts, grandparents and siblings who will not take them in, and just the disconnection kids experience when in the foster system, a lot need some way to deal with their problems and if psychology can’t fix it, psychiatry might ‘help’.

    A lot of kids in foster care would be better on natural remedies or just with families that actually cared for them. Personal experience, foster care can screw up kids almost as much as the abuse they received in the broken home. It’s rare that it’s the foster family (and once in a while it is,) but just where they came from that really makes them messed up.

    I used to think that the ‘nuclear family’ was a good answer. But now, not so much. I hate the saying “it takes a village to raise a child” but it has a grain of truth. When were we (as society) most healthy mentally?

    When parents took care of their parents and their kids, the kids grew up to do the same, the grandparents took care of the grandkids. Each generation wasn’t worried about itself, or it’s progeny but the whole picture. When the neighbor was probably your cousin or aunt, you stuck together – neighborhood and family meant security and opportunity.

  • Monnie

    The global mafia would say they’re right on track—keep most of us sick enough to buy their “health care” but “well” enough to “work”, too dumb or spaced out to think, and then die before old-age benefits kick in.

  • Monnie

    Re #6: That’s about when the feds opened up direct-to-consumer drug advertising. I wonder how many doctors think that’s a good idea?

  • Evie

    A lot of families cannot afford to take in extra members. Most are making little money and are on fixed incomes. Lots of the children have big problems, on meds, learning problems and society makes it difficult for others who may not be able to afford legal liability.
    I do not understand how the USA will allow people to adopt sick and disable children from overseas and let the taxpayers pick up the tab. We cannot afford this, people here die without care!

  • Barn Cat

    If you’re older you’re most likely on medications to control high blood pressure or cholesterol. I’m more concerned about ritalin and antidepressants.

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