Coronavirus exposes how profit-driven decisions undercut US response - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The coronavirus pandemic has exposed how profit-driven decisions undercut the US's ability to fight an outbreak

faulted these types of "severe shortages" of personal protective equipment — along with testing kits – for impeding hospitals' ability to fight the outbreak.

, author of "The Case for Medicare for All," said. "It may cost money, but there's a public interest in being prepared for a disaster."'Keep some powder dry': A Wall Street chief strategist explains why stocks could repeat an ugly crash that's only occurred once since World War II Some of that drive to ramp up profits also filtered into the production of critical medical equipment over the past several decades.Mask shortages can be explained by US companies' decision to move their production abroad to countries like China to cut costs and pay lower wages, according to, a manufacturing expert at Case Western University and formerly chief economist for the Department of Commerce.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RiseUpandResist A ‘business publication’ citing how profit driven business decisions and greedy corporations have undercut America’s ability to respond to the Covid19 pandemic. Precious. Just precious.

RiseUpandResist If you're going to have a single plan, organizing principle or strategy for everything under the sun, making the most money in easiest way in least amount of time regardless of the externalities, capitalism, should be last on the list.

Shocking

If the United States government was running healthcare right now we would be in the same situation. Profit driven decisions and capitalism ensure shortages don't occur. If the government wants to prepare for every pandemic conceiveable, then bolster the strategic stockpile.

GOP profit-driven decisions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside America’s 2-Decade Failure to Prepare for CoronavirusAfter each major health crisis of the last two decades, American leaders have launched preparedness programs and issued blunt warnings to their successors — only to watch as Washington forgot the stark lessons it had just learned Yeah, that's what's happening. Has nothing to do with pharmaceutical companies lobbying and donating to their campaigns. It makes sense that this would occur in a 100% capitalist nation. I mean, where's the profit in preparing for something that may not happen for years? The government is not like the boy scouts sarcasm China tries to shape coronavirus narrative through viral messages Explore the Fox News apps that are right for you at
Source: politico - 🏆 381. / 59 Read more »

Inside America’s Two-Decade Failure to Prepare for CoronavirusThere's a trap that health and national security officials know too well. Prepare too early and you’re called Chicken Little. Act too late — and millions may die. The weak complains Millions? Feeding the PandemicPanic We really need scientists, mathematicians and historians to get in the gym and take mixed martial arts in order to apply painful thumb holds... Because leaving it up to the emotionally uninformed in suits and ties has been getting a lot of people killed for quite some time now.
Source: politico - 🏆 381. / 59 Read more »

An ICU nurse sketches the heroes and fighters inside a coronavirus isolation wardIn his off time, medical ICU nurse Oh Young-jun sketches scenes from his job within a coronavirus isolation ward in South Korea.
Source: Yahoo Lifestyle - 🏆 365. / 59 Read more »

Inside the Viral Spread of a Coronavirus Origin TheoryA Wuhan biosafety laboratory, bat blood, a wet market, scientists, pangolins, politicians looking for someone to blame: the perfect ingredients for a story that won’t go away. Pro Tip: It ain't the pangolins. Leave the effing pangolins alone. 😹😹😹 Ban all Wet Markets permanently. govegan
Source: VanityFair - 🏆 391. / 55 Read more »

Coronavirus updates: Trump considered letting coronavirus 'wash over' US - Business Insider[Thread] 👇 UK Prime Minister Boris Johnson was discharged from the hospital Sunday morning after spending several days in the ICU being treated for COVID-19. Follow along for live updates on the latest coronavirus news around the globe. Great news he can get back to killing UK PM BorisJohnson leaves hospital after that he said HydroxyChloroquine saved My life..Covid_19
Source: BusinessInsider - 🏆 729. / 51 Read more »

More UK banks join scheme to help virus-hit small firmsBritain has approved four new lenders to offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, under the multi-billion pound Coronavirus Business Interruption Loan Scheme (CBILS). Steal a trillion, lend a billion, get all the good press from our subsidiaries. Fool proof. This headline could be better. This is wrong. The virus clearly doesn't need any more help.
Source: Reuters - 🏆 2. / 97 Read more »