Pg 346 "The entire US food industry (grocery and restaurant) grosses $1.46 trillion per year with a profit of $657 billion, to yield a gross profit margin of 45 percent. Yet US medical costs total $3.5 trillion per year, of which 75 percent are food-related chronic diseases. Of that $2.67 trillion, 75 percent or $1.9 trillion is conceivably preventable if we could roll back rates of disease to 1970 levels before metabolic syndrome took hold. Conversely, the pharma industry generates $771 billion in gross revenue annually, of which 21 percent is gross profit. One company made $19 billion in annual profit from diabetes drugs alone. Big Food is even bigger and badder--and with an even larger clientele. You do the math: between food and pharma, you've got $2.1 trillion per year going down a rathole--into shareholder pockets--while the public gets sicker and healthcare is collapsing. We lose triple what the food industry makes cleaning up their mess."
Pg. 348 "Big Pharma, well, they've got more and sicker patients who are prescribed their medicines by doctors, so they're making out like bandits. Even Obamacare couldn't stop the party--all it did was cap insurance company profits at 15 percent, not pharmaceutical company profits, which can be any amount, whatever the market will bear. For diabetes drugs, a 1,000 percent increase in price over twenty years generates a pretty hefty profit."
Pg. 348 "Big Pharma, well, they've got more and sicker patients who are prescribed their medicines by doctors, so they're making out like bandits. Even Obamacare couldn't stop the party--all it did was cap insurance company profits at 15 percent, not pharmaceutical company profits, which can be any amount, whatever the market will bear. For diabetes drugs, a 1,000 percent increase in price over twenty years generates a pretty hefty profit."