Will the FDA - and regulation in gerneral - cause the US to lose it's position as THE leader in innovation in the world? Compare and contrast:
- Story about research into compound that mimics the life-extending effects of caloric restriction that include the sentence, “You cannot process an application for a drug for curing aging.”
- Story about a billionaire apparently achieving reverse-ageing through stem-cell treatments, and promoting a legal regime that would allow or even encourage such research - not in the USA.
We governmentally support technologies that would be developed if they were economically vialbe and that will not become economically viable through government support while we casually impede research and technology that could massively benefit people everywhere, "just because".
Trends that cannot continue, won't. The problem is, the tendency of federal (and often state and local) governmental legislators and regulators to destroy the very dynamics that created the level of well-being we enjoy and will produce more well-being in the future - that tendency can and will continue. Here. In other places, seeking to move up, it won't. And they will move ahead. Just the way it is. Unless, of course, we, the people, decide to do something about it!