True... also spend millions on advertising so everyone will run to their local doctor and DEMAND that latest designer drug.... without advertising and bribes to doctors they could probably substantially lower the cost of drugs..
Seriously, they do sell cheaper to other countries and they use us in the USA to make up the difference...
Same thing with college textbooks.
there was one website that was selling American textbooks from other English speaking countries to America at a fraction of what those books cost in their American editions--and the big American textbook publishers had their lawyers stop him.
I wonder how many other products this might apply to.
And irony is that people overseas can afford to work for less because their cost of living is less--and the American worker, by purchasing medicine, textbooks, and who knows what else, is subidizing the very condition that is costing America jobs.
Nice.
How many Indians could have learned programming if they had to spend $150 for every textbook.