Armey: Health Care Reform Will Kill Innovation
CNN: Dick Armey, the former House majority leader whose leadership of FreedomWorks has proved vital to organizing opposition to Democrats' health care reform efforts, told CNN Monday the recently-passed House health care bill could cripple the entire pharmaceutical industry.
"You go right back to Shakespeare, who first said, 'If it can't be sold for a profit, it's not worth writing,' or take Thomas Edison's reiteration of it, 'If it can't be sold for a profit, it's not worth inventing,'" Armey told CNN's John Roberts on American Morning. "If the government is going to control what it is, whether it can be distributed, what it is, what price it can be sold, you will disincentive the whole process of research. We've seen it before and we'll see it again."
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