Government created drops in drug production

Have you wondered why there seems to be shortages of important medical drugs?  Well, it appears that the answer is actually pretty straightforward.  From the Washington Examiner:

President Obama's Food and Drug Administration has caused "a public health crisis" -- a prescription drug shortage over the past two years -- by increasing the number of threats issued to raid and close drug manufacturing plants, according to House investigators.
"This shortage appears to be a direct result of over-aggressive and excessive regulatory action," House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., said  . . .
The committee report concluded that a significant portion of the drug shortage is a problem of the Obama administration's making. "Among shuttered manufacturing lines that occurred over the previous two years, the committee’s review did not find any instances where the shutdown was associated with reports of drugs harming customers," the report says, noting a 30 percent drop in the manufacture of certain prescription drugs at the largest manufacturers in the country. . . .
The FDA sent just 474 such letters in 2009, but that number spiked to 1720 in 2011. "A common sense approach to regulations must be restored at the FDA," the committee report advised . . . .

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