‘EVIL’ JOBS
‘BIG picture” perception, courtesy of demagoguing Democrats: Drug companies are evil price-gougers who make obscene profits, and the federal government ought to “do something” about it.
“Small picture” reality, courtesy of reality: Pfizer will be shutting down a historic Brooklyn plant, costing 600 New Yorkers their jobs.
Why? Pfizer expects to lose $14 billion this year as patents expire on many of its best-selling products. Other Pfizer closings will put another 10,000 Americans out of work.
So much for demagoguery.
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