March 2020: Hospitals are overflowing. Morgue trucks are lining up. The COVID-19 infection rate is skyrocketing, and the economy is in free fall. If by magic wand, innovators could have delivered a vaccine back then, how much should they be paid? Perhaps a fraction of the trillion-plus the U.S. Treasury disgorged just weeks later? Four billion dollars would be a bargain.
Yet as the world was waiting for the first vaccines to arrive, CNBC, the New York Times, Reuters, and CNN found time to criticize the leaders whose companies led vaccine development. How soon we forget the massive scale of the problem being solved.
There is nothing wrong with the makers of COVID-19 vaccines making a profit from them. But the Left and the media are making a fuss about it.
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