High Price of the U.S. Opioid Crisis

You know a wave of death and dependency is reaching critical mass when even Republican politicians get off their collective butts and petition the Feds for aid in fighting a problem.

Serious analysis and response are considered in research from the Pew Foundation.

3 thoughts on “High Price of the U.S. Opioid Crisis

  1. Reality ✓ says:

    “Don’t blame addicts for America’s opioid crisis. Here are the real culprits : America’s opioid crisis was caused by rapacious pharma companies, politicians who colluded with them and regulators who approved one opioid pill after another” https://www.theguardian.com/commentisfree/2017/aug/13/dont-blame-addicts-for-americas-opioid-crisis-real-culprits
    Of all the people Donald Trump could blame for the opioid epidemic, he chose the victims. After his own commission on the opioid crisis issued an interim report this week, Trump said young people should be told drugs are “No good, really bad for you in every way.”
    The president’s exhortation to follow Nancy Reagan’s miserably inadequate advice and Just Say No to drugs is far from useful. The then first lady made not a jot of difference to the crack epidemic in the 1980s. But Trump’s characterisation of the source of the opioid crisis was more disturbing. “The best way to prevent drug addiction and overdose is to prevent people from abusing drugs in the first place,” he said.
    That is straight out of the opioid manufacturers’ playbook. Facing a raft of lawsuits and a threat to their profits, pharmaceutical companies are pushing the line that the epidemic stems not from the wholesale prescribing of powerful painkillers – essentially heroin in pill form – but their misuse by some of those who then become addicted. In court filings, drug companies are smearing the estimated two million people hooked on their products as criminals to blame for their own addiction.” https://www.theguardian.com/us-news/2016/aug/28/opioid-addiction-west-virginia-lawsuit

  2. Mr. Bones says:

    Opioid use by American men may account for one-fifth of the decline in their participation in the U.S. labor force, according to a study by Princeton University economist Alan Krueger.
    “The opioid crisis and depressed labor-force participation are now intertwined in many parts of the U.S.,” Krueger, who was chief economist at the Treasury Department in the Obama administration, wrote in the study released Thursday at a Brookings Institution conference in Washington. https://www.bloomberg.com/news/articles/2017-09-07/opioid-use-explains-20-of-drop-in-american-men-from-labor-force

  3. Getting away with murder says:

    OxyContin-maker Purdue Pharma and its billionaire owners, the Sacklers, on Friday got a temporary reprieve from lingering court battles over their alleged role in fueling the opioid crisis. In exchange, they may have to be more forthcoming about what happened to all the OxyContin money. https://arstechnica.com/science/2019/10/judge-grants-mega-rich-sackler-family-reprieve-from-legal-costs-of-opioid-crisis/
    US bankruptcy Judge Robert Drain temporarily halted state lawsuits against Purdue as well as the Sacklers—though only Purdue has filed for bankruptcy protections. In pausing the states’ cases, Judge Drain cited Purdue’s mounting legal expenses, which he noted is money that could otherwise go toward addressing the opioid crisis and its victims, according to The New York Times.
    Purdue is estimated to have made more than $35 billion from OxyContin sales, and the Sacklers reportedly siphoned off as much as $13 billion of that into their own pockets.
    Last month, New York’s attorney general’s office announced that it had tracked some of the Sacklers’ wire transfers, which moved at least $1 billion of Purdue earnings into overseas accounts and obscure real estate entities.

    The deal is $5 billion upfront and $5 billion based on future sales, with Perdue being allowed to keep selling the drug in order to get back the remaining $5 billion.

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