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Governor Newsom announces California will make its own insulin

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Re: Governor Newsom announces California will make its own insulin

#41

Post by renewiltord »

gandalfgeek wrote: post #28
enahs-sf wrote: post #18

Sometimes I feel like this is the endgame where the US overall kind of declines but California starts managing itself better and operates almost like an independent country. Probably wishful thinking but would be great.

I can’t relate at all to that sentiment. California has got to be one of the most bloated and wasteful state governments in the entire US. High taxes and nothing to show for it. The entrenched far left seems bent on destroying the middle class, driving out business, regulating everything to death and displacing merit as a selection factor. Whatever glory Cali has— tech, entertainment, farming, weather, natural beauty…

It's a mix. California has at least some reasons for why it is a tech haven: non-competes unenforceable; well-supported state university system

California also gets a lot wrong that interferes with tech: prop 13 and friends, housing policy, incredible corruption, massive local conservatism

But California is most like America as a microcosm: horrifically corrupt but such a powerhouse that it resembles a leviathan that charges despite the parasites on its back and belly.

Re: Governor Newsom announces California will make its own insulin

#42

Post by colinmhayes »

usrn wrote: post #37
ipnon wrote: post #24

How hard would it be to found an insulin startup? This seems like the kind of problem designed to be intractable, the "busy work" of bureaucratic private health care systems.

It sounds to me like the modern process is just working up GMO yeast matabolites. I feel like the main issue is probably going to be patents and not something technical.

Can’t you use older recipes?

Re: Governor Newsom announces California will make its own insulin

#43

Post by UncleEntity »

awinter-py wrote: post #23

interesting contrast vs the us congress, which is trying a price cap as with every build-vs-buy problem, you don't know if you'll actually be able to do it until you do it. I'm wondering what a state government has ever done that is as complex as manufacturing a medicine -- maybe road building / big water projects? if they succeed it would be a new chapter in state capacity + really exciting, especially if they are t…

> … and show that they're not warping the market

Arguably the whole point of this is to warp the market by picking the winner and giving them all the business in the state.

Though, chances are this will just turn into a taxpayer subsidized boondoggle like every other time the politicians pick the winner.

Re: Governor Newsom announces California will make its own insulin

#44

Post by sbierwagen »

hiddencost wrote: post #12
refurb wrote: post #3

Doesn’t make a lot of sense. Generic insulin’s are already being made. Why not just buy those?

Because capitalism is extremely inefficient? Insulin in the US is 5x the cost in Canada [0]. [0] https://pubmed.ncbi.nlm.nih.gov/35135692/

Your target here is "capitalism"? Did Canada switch over to a Stalinist command economy when I wasn't looking?

Re: Governor Newsom announces California will make its own insulin

#45

Post by yes_really »

enahs-sf wrote: post #18

Sometimes I feel like this is the endgame where the US overall kind of declines but California starts managing itself better and operates almost like an independent country. Probably wishful thinking but would be great.

No post body was provided.

Re: Governor Newsom announces California will make its own insulin

#46

Post by richbell »

kcplate wrote: post #17
hiddencost wrote: post #12

Earlier quoted context omitted.

Because capitalism is extremely inefficient? Insulin in the US is 5x the cost in Canada [0]. [0] https://pubmed.ncbi.nlm.nih.gov/35135692/

Yeah, everything in Canada is cheaper than the US…oh wait

> Yeah, everything in Canada is cheaper than the US…oh wait

I don't understand the point you're trying to make.

Re: Governor Newsom announces California will make its own insulin

#47

Post by rayiner »

enahs-sf wrote: post #18

Sometimes I feel like this is the endgame where the US overall kind of declines but California starts managing itself better and operates almost like an independent country. Probably wishful thinking but would be great.

The irony is that California was a model for the country decades ago. Now it’s coasting on the inertia of that period. On its current trajectory it’s headed the way of New York, if it’s lucky, and Illinois, if it’s not.

Re: Governor Newsom announces California will make its own insulin

#48

Post by usrn »

colinmhayes wrote: post #42
usrn wrote: post #37

Earlier quoted context omitted.

It sounds to me like the modern process is just working up GMO yeast matabolites. I feel like the main issue is probably going to be patents and not something technical.

Can’t you use older recipes?

My understanding is that the older stuff is actually cheap, it's just much harder to manage and that's what people don't like.

Re: Governor Newsom announces California will make its own insulin

#49

Post by peter422 »

raldi wrote: post #31
gandalfgeek wrote: post #28

Earlier quoted context omitted.

I can’t relate at all to that sentiment. California has got to be one of the most bloated and wasteful state governments in the entire US. High taxes and nothing to show for it. The entrenched far left seems bent on destroying the middle class, driving out business, regulating everything to death and displacing merit as a selection factor. Whatever glory Cali has— tech, entertainment, farming, weather, natural beauty…

High taxes on newcomers. Nearly nonexistent taxes on dynastic families.

California income tax has no carve outs for capital gains so I don’t know where you got that idea. Rich people specifically don’t like California because of the taxes (as compared to other No or low income tax states).

I assume you are referring to property taxes, but undoubtedly any “dynastic” family is going to have more tax liability from income than from property value.

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