The May 5 announcement of sweeping FDA e-cig regulations is being marketed as an honorable attempt by the U.S. government to protect American teenagers from the deadly grip of Big Tobacco. Even though there are volumes of international scientific research that indicate e-cigs are at least 95% safer and healthier than smoking, this information seems to have no effective on the key decision-makers in Washington, DC.
Why would any government choose to intentionally create roadblocks to innovation for a fledgling vaping industry that is essentially a miracle cure for tobacco addicts? The answer is in the question – miracle cures actually cost the government too much money.
Pharmaceutical companies and the FDA e-cig regulations
Electronic cigarettes are nothing new. The industry has been around for decades. It is only in the past few years, specifically since around 2007, the predicate date of the FDA e-cig regulations, that the vaping industry entered a Golden Age of Innovation. Technological advancements began occurring at a skyrocketing pace, and prices began to fall dramatically almost overnight. And as this surge in vaping popularity began to soar, Big Tobacco revenues from cigarette purchases began to plummet.
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Strangely, the pharmaceutical industry was one of the very first organizations to look at the miraculous benefits of electronic cigarettes, but not for the reasons that most people might think. As far back as the 1990’s, medical organizations around the world began singing the praises of vaping technology as a cost-effective and life-enhancing medication ingestion device.
After so much vocal support by the medical community, the pharmaceutical industry had no choice but to begin looking deeper into electronic cigarettes. And drug companies quickly discovered that vaping devices are far more cost-effective and user-friendly than intravenous (IV) therapies and other delivery methods, but they dropped their support for developing the technology further back in the early 2000’s. Why?
Smokers save the United States billions of dollars
The pharmaceutical industry has known for nearly twenty years that e-cigs and vaping devices are the future of medicine. But smokers die earlier than non-smokers. And lung cancer is a very quick killer. It doesn’t linger around for decades like other forms of illness, like Alzheimer’s, for instance. For drug companies and their partner-in-crime, the Health Insurance Industry, its far more profitable to keep smoking in the American mainstream rather to support a switch to vaping.
And because the U.S. government is on the verge of bankruptcy from a flood of social security checks being sent to an aging Baby Boomer Generation, the biggest generation to enter retirement in the history of the United States, passing FDA e-cig regulations that eradicate a fledgling industry before it even begins just makes good business sense.
Vaping ends. Big Tobacco rises to its ugly throne of addiction once again. And today’s teenage generation, which is expected to far outnumber and outlive the Baby Boomers, will have to clean up the mess. That is, if smoking doesn’t kill them first.
(Related Article: WHAT CAN YOU DO TO FIGHT THE FDA VAPING REGULATIONS?)