Tournament: Loyola | Round: 1 | Opponent: Brookfield East DJ | Judge: Sinha, Abhinav
Economy’s recovering now – Delta and inflation are challenges but surmountable
Sully 8/19 - Evan Sully, 8/19/21, Reuters, U.S. leading indicator points to further economic recovery in July, https://www.reuters.com/world/us/us-leading-indicator-points-further-economic-recovery-july-2021-08-19/ WJ
(Reuters) -A gauge of future U.S. economic activity increased in July, suggesting the economy continued to expand from the recession caused by the coronavirus pandemic even in the face of a resurgence in cases fueled by the Delta variant.
The Conference Board on Thursday said its index of leading economic indicators (LEI)
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," said Mahir Rasheed, U.S. economist at Oxford Economics.
Biotech is resilient and fundamentals are strong – but this trend relies on innovation and investment
Cancherini et al 21 -- Laura Cancherini is a consultant in McKinsey’s Brussels office; Joseph Lydon is an associate partner in the Zurich office, where Jorge Santos da Silva is a senior partner and Alexandra Zemp is a partner, McKinsey, What’s ahead for biotech: Another wave or low tide?, April 30, 2021, https://www.mckinsey.com/industries/pharmaceuticals-and-medical-products/our-insights/whats-ahead-for-biotech-another-wave-or-low-tide WJ
As the pandemic spread across the globe in early 2020, biotech leaders were initially
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andA, the prospects for further financing and deal making look promising.
Pharma collapses without strong IP protections
Buckland 17 - Danny Buckland (award-winning journalist who writes about health, general features and news, shortlisted for the prestigious Mind Media Awards for his work covering mental health issues), April 26, 2017, “Patents are lifeblood of pharmas”, https://www.raconteur.net/legal/intellectual-property/patents-are-lifeblood-of-pharmas/ WJ
Pharmaceutical companies are staffed by ranks of attorneys, and the intellectual property (IP
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and innovation. Quite frankly, it would all collapse without good IP.”
Biopharmaceutical research is the bedrock of our economy – even minor reductions in income result in mass unemployment and butterfly effects
Sullivan 11 – Thomas Sullivan (Thomas Sullivan is Editor of Policy and Medicine, President of Rockpointe Corporation, founded in 1995 to provide continuing medical education to healthcare professionals around the world. Prior to founding Rockpointe, Thomas worked as a political consultant), July 12, 2011, Study Shows Importance of Biopharmaceutical Jobs For US Economy,” Policy and Medicine, http://www.policymed.com/2011/07/study-shows-importance-of-biopharmaceutical-jobs-for-us-economy-for-every-20-billion-loss-in-revenue.html WJ
Biopharmaceutical research companies produce the highest-value jobs, the types of jobs Americans
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the biopharmaceutical sector is a key foundation of the life sciences innovation ecosystem.
Bipoharma collapse causes economic meltdown – it’s far worse than previous recessions
Howrigon 17 -- Ron Howrigon “(President and Founder of Fulcrum Strategies. He earned a Bachelor's degree in Business Administration from Western Michigan University and a Master's in Economics from North Carolina State University, focusing in the area of Health Economics) http://www.kevinmd.com/blog/2017/01/health-care-crash-u-s-economy.html, January 19 2017, WJ
In recent history, the U.S. economy has experienced the near catastrophic
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resulting fallout could be could be much worse than even the housing crisis.
Extinction
Tønnesson 15 Stein Research Professor, Peace Research Institute Oslo; Leader of East Asia Peace program, Uppsala University, 2015, “Deterrence, interdependence and Sino–US peace,” International Area Studies Review, Vol. 18, No. 3, p. 297-311
Several recent works on China and Sino–US relations have made substantial contributions to
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each other, with a view to obliging Washington or Beijing to intervene.