Im reading this blog and cannot believe what is being written. We obviously have many that are just plain uneducated about economics and globalization. This goes beyond the scope of a lack of new blockbuster meds. First, yes the government is to blame for alot of the fuckups that went on in our industry. Its not just pharmaceuticals but many industries that have been driven out because of extremely high corporte taxes. unions, regulations, and EPA issues that are worthless. Our country continues to print money and inflate the dollar until we run out of money. With all the job lose and inflation people tend to cut back and buy less expensive things SUCH AS GENERIC PRODUCTS. Econ 101. Globalization has hurt the US extremely and as more Pharma companies pull out and set up shop overseas we will see less opportunity here. MED D, medicaid, and other government programs have hurt. Don't kid yourself. All entitlement programs such as welfare for pookie has hurt our economy. Why do you think the governemnet has to borrow so much money so Uncle Sam can pay pookie on the street his check so he can go to Micky Ds. This is the real deal so wise up because this goes beyond pharma.
The job market is horrible and most jobs posted on the internet are not new jobs but existing positions that companies have to fill due to someone leaving or being fired. Most of these jobs are internally filled and companies have to post outsde for legal reasons. The under-employed and part-time workforce is what is growng and thats not good. Lets look at GNP. GDP, and economic growth. All have decline or are flat. We do not produce anything and are so dependant on the service industry that produces NOTHING.
The best bet is a total career change into something that is in demand. Nursing, PT, NP, engineering, comp sci, accounting, or actuary science. Yes this requires much more education and smarts but I believe this is the only thing that will most from having a dead end nothing career.