"Taxpayers Paid Millions to Design a Low-Cost Ventilator for a Pandemic. Instead, ...

[BigmanPigman]

Instead, the Company Is Selling Versions of It Overseas"

https://www.propublica.org/article/taxpayers-paid-millions-to-design-a-low-cost-ventilator-for-a-pandemic-instead-the-company-is-selling-versions-of-it-overseas-

"Taxpayers Paid Millions to Design a Low-Cost Ventilator for a Pandemic. Instead, the Company Is...
As coronavirus sweeps the globe, there is not a single Trilogy Evo Universal ventilator — developed with government funds — in the U.S. stockpile. Meanwhile, Royal Philips N.V. has sold higher-priced...
propublica.org"

"Five years ago, your tax dollars paid to develop low-cost, easy-to-use ventilators for a pandemic. The company that took the $13.8 million? It hasn't delivered any."

Link to tweet

?s=20

https://t.co/rsR1HrPAsa?amp=1

[spin]

1. It would be interesting to find out if the people who run or own this company...

are big donors or are related to or close friends with some important politician.

[DeminPennswoods]

4. Something Warren talked about

during her campaign - if you get gov't money to develop a drug or product, it's a publicly owned design.

[Hekate]

2. Things that make you want to scream...

[alterfurz]

3. Capitalism's motto: "Private Profit, Public Subsidy" (Noam Chomsky)

[PA Democrat]

5. When we get to the other side of this pandemic, we need to make sure that these companies

are prevented from receiving CORPORATE WELFARE to enrich themselves alone while providing ZERO benefit to the US taxpayers.

Profits from this type of activity need to be taxed to the hilt.