The Economic Impact On Stem Cell Research
Since stem cells have the ability to cure so many diseases, scientists and the government can save a lot of money on health care and other research. Some may believe that at this time, stem cell research is using up too much money. In an article called “Funding Embryonic Stem Cell Research” by, Sigrid Fry Revere from the GEN news company Revere wrote about how ridiculous amounts of money have been spent on stem cell research, not looking into the future. In a paragraph titled, “A Waste of Time and Money”, Revere complained, “In 2004, New Jersey passed a state budget that included 5.5 million for stem cell research and Californians approved a $3 billion bond measure to fund research over 10 years.” (Revere, 2011). This shows that a couple different states have invested large amounts of money into stem cell research. These states are investing this money because of the successful results. If states are willing to invest in stem cell research, scientists should take advantage of that and continue researching in order to better individuals and economic gains. On the other hand, scientists should continue researching stem cells because of the possible economic gains. In an article called, “Stem Cell Research-Pros and Cons” by experiment-resources.com, the author writes about the possibilities of stem cells. The author states, “Better treatment of these diseases could also give significant social benefits for individuals and economic gains for society.” (experiment-resources.com, 2011). This shows that once stem cells are able to cure the diseases they have they ability to cure, both individuals and the economy can be benefitted. Stem cells can help save money on health care and other research for disease cures because less people will be sick and doctors and scientist wont need to stress cure for other diseases since they already have one for most diseases. Since stem cells have such promising results and can help save the economy, scientists should not stop researching stem cells. Also in another article called “Expand the Economy With Stem Cells” by Reesey H., Reesey also wrote about how stem cell research can really benefit the economy. He reflects, “ If stem cell research is approved, it will create jobs for the researchers. When the researchers, possibly, find a cure or prevention technique, that will create jobs for pharmaceutical companies and people to promote and sell these cures. Not only will this help the economy, but it will help the health of the overall nation, provided if anything is discovered.” (Reesey H., 2011). This shows that positive outcomes from stem cells will result in more jobs and more companies. With more jobs and more companies, scientists are able to focus a bit more on stem cells and hold off on other research. Doctots will also be able to go straight to stem cells and not use so much money on other surgeries or medicine. This will save the economy a lot of money because again, they will not need to stress other research or how they will save a life.