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The truth in this dispute is apparently equivocal but ultimately perfectly clear. On the one hand Pfizer, unlike a number of other pharmaceutical firms, did not receive federal funding for research and development, opting instead to rely on its own resources. While this agreement would not have protected Pfizer in the event of a dud vaccine, as the purchase agreement specified the U. The long-term value of the product for a disease that will be with humanity forever is essentially incalculable, a license for Pfizer to print money, and a reminder of how important profits are in driving innovation. The more interesting questions are why Pfizer opted to front its own costs when the federal spigot was open, and why it raced to distance itself from Operation Warp Speed once the clinical trial findings were released. Except for brief interludes, President Trump more or less fumbled pandemic policy and communications from the get-go. In service of his re-election campaign, he sought to downplay the seriousness of the threat. He has encouraged resistance to public health measures like masking and business lockdowns, leading to huge, rotating disease spikes first in the South and more recently in the Midwest. Finally, his resolute refusal to adhere to, or allow those around him to adhere to, basic disease mitigation practices resulted in a mini-epidemic for the first family and dozens of members of his administration. Art Of The Deal

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