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Merck is dead

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Anonymous said:
What I find interesting is that despite this "bad economy", restaurants all over are bustling, dept stores / malls are crowded (even on a weekday during work hours), people are not just looking, but buying...movie theatres are doing well....so people have money to dump....but when it comes to their prescriptions, they want it all for nothing.
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This post may be the most important one in this thread.

It is true that innovation drives profitability and Merck is sorely lacking in innovation today. But when the liberal ideologue Ken Frasier stands up in front of the company during an employee business brief and whines about the unsustainable cost of medicine, it is time to find a new job. He doesn't even understand the cost model of medicine.

Merck's liberal loser leaders whine about making tough business decisions, focusing on core strategies, and then pour many hundred millions of dollars into "green" energy projects like stupid solar panels on garages and fuel cells. How easy and convenient it is to attend sniffy cocktail parties as the multimillionaire tick on the dog and hold forth on ridiculous socialist tripe while the dog suffers from a preventable illness that is becoming terminal.

It is time for this industry to repudiate this line of thinking and ask the hard questions posed by the above poster. Discretionary income is by definition DISCRETIONARY. If people find buying a health preserving medicine to be more BORING than a new iPhone, premium cable, dining out, and re-upping on the Lexus lease, well, they can live by the consequences of their decision. Don't ask me to open my wallet for these losers.

I remember a recent picture of Michelle Obama in a soup kitchen serving meals to the "poor", while one of the "poor" took a picture of her on his Blackberry.

Pretty much sums up the state of AmeriKa.
 




Anonymous said:
What I find interesting is that despite this "bad economy", restaurants all over are bustling, dept stores / malls are crowded (even on a weekday during work hours), people are not just looking, but buying...movie theatres are doing well....so people have money to dump....but when it comes to their prescriptions, they want it all for nothing.
Click to expand...

When people are depressed they shop and consume. My friend works at a beauty salon and the place is always packed too. It's an escape. The problem is the bills will come due and more depression and headache. But there is a sense of entitlement when it comes to prescriptions. You should have witnessed how some Medicaid patients get really upset in paying $1-5 co-pay for an office visit when you make your rounds. Yet some are dressed better than us, with "cooler" smartphones and drive nicer cars. Go figure.
 




Anonymous said:
What I find interesting is that despite this "bad economy", restaurants all over are bustling, dept stores / malls are crowded (even on a weekday during work hours), people are not just looking, but buying...movie theatres are doing well....so people have money to dump....but when it comes to their prescriptions, they want it all for nothing.
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Must be posting from Asia with this experience. When I go in malls, I see walkers, not buyers.
 




Anonymous said:
Must be posting from Asia with this experience. When I go in malls, I see walkers, not buyers.
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I'm posting from the northeast...middle class America. Every day it's the same thing...can't get a parking space at the mall, people taking advantage of non-stop sales/promotions, lines waiting to be seated at the Cheesecake Factory. Where are you from?

There is no question that there are people out there in dire situations (i.e., homeless, elderly on low, fixed incomes with medical issues), but they constitute a very small percentage of the population. The rest of us are not just getting by, but doing much better than that. But everyone whines about the cost of prescriptions, because of an entitlement mentality that they shouldn't have to pay for it.
 




Anonymous said:
When people are depressed they shop and consume. My friend works at a beauty salon and the place is always packed too. It's an escape. The problem is the bills will come due and more depression and headache. But there is a sense of entitlement when it comes to prescriptions. You should have witnessed how some Medicaid patients get really upset in paying $1-5 co-pay for an office visit when you make your rounds. Yet some are dressed better than us, with "cooler" smartphones and drive nicer cars. Go figure.
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So true ..many who are officially "poor" are poor by choice. Should use their smartphones and nicer cars and go look for work.
 




So I guess that 9% unemployment figure is not such a big deal. Since medical insurance arrives via employment for most of us, these might seem to be customers that we can't profit from?
 












Anonymous said:
So I guess that 9% unemployment figure is not such a big deal. Since medical insurance arrives via employment for most of us, these might seem to be customers that we can't profit from?
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newly unemployed face monthly health insurance premium that can exceed 1K, 3K for family.... many going without ...thank you Obamacare....premiums now totally unreachable!
 




























Rock is dead... Merck is going to be around a long long time. We're all just nahgonna, nahgonna, nahgonna work there anymore. We'll we could always move to Brazil, Russia, India or China. I hear they're hiring over there.
 




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