White House Considers $1 Billion Price Tag for Ventilators -- and Has Second Thoughts
Source: NYT
WASHINGTON The White House had been preparing on Wednesday to announce amid an escalating pandemic that a joint venture between General Motors and Ventec Life Systems would begin producing as many as 80,000 desperately needed ventilators when word suddenly came down that the announcement was off.
The decision to cancel the announcement, according to government officials, came after the Federal Emergency Management Agency said it needed more time to assess whether the estimated cost was prohibitive more than $1 billion, with several hundred million dollars to be paid upfront to General Motors to retool the car parts plant in Kokomo, Ind., where the ventilators would be made with Ventecs technology.
Government officials said the deal may still happen but that they are looking at a dozen or more other proposals. And they contend that an initial promise that the joint venture could turn out 20,000 ventilators in short order had shrunk to 7,500, with even that number in doubt. Longtime emergency managers at FEMA are working with military officials to sort through the competing offers and federal procurement rules while under pressure to give President Trump something to announce.
By early Thursday evening, at the presidents daily news briefing with his coronavirus task force, there was still nothing to announce, and the outcome of the deliberations remained unclear.
Read more: https://www.nytimes.com/2020/03/26/us/politics/coronavirus-ventilators-trump.html
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stillcool
(32,626 posts)next week. Along with those tests.
marble falls
(57,010 posts)They're not even breathing hard.
stillcool
(32,626 posts)with Republicans, what can you expect?
Flaleftist
(3,473 posts)I can't believe anyone still takes that fucking clown seriously.
DENVERPOPS
(8,790 posts)Firestorm49
(4,030 posts)What a waste of an administration. Please go down in flames with my blessing.
msongs
(67,361 posts)William Seger
(10,775 posts)Baitball Blogger
(46,684 posts)The media needs to report how the Trump administration screwed this one up to, creating a bidding war that created ridiculous prices!
mr_lebowski
(33,643 posts)Guess they can't even do simple economics correctly.
NickB79
(19,224 posts)$1000/patient is NOT an extravagant amount to pay, especially for a nation that's willing to spend TRILLIONS over the past 20 years bombing brown people to dust and ash.
iluvtennis
(19,833 posts)bucolic_frolic
(43,056 posts)might be a lot quicker and cheaper. Limiting factors are probably critical parts and electronics, so you get someone who knows manufacture and push them to source and expand. You push! Not sit on proposals and shop for a good deal for a week already
SunSeeker
(51,513 posts)pangaia
(24,324 posts)around the world who have figured out how to make them pretty easily and cheaply
Too tired tonite to go looking for links.
IN UK I think for one... maybe even US.
Scarsdale
(9,426 posts)is making them. Jared is likely delaying the decision until his BROTHER has his deal in place. If they want something for tRump to announce, here is a suggestion. "I am resigning the presidency immediately, so someone COMPETENT can take over" That would work for me. Better late than never.
Talitha
(6,561 posts)November cannot get here fast enough!
tinymontgomery
(2,584 posts)Aren't We Giving them a ton of money from this bailout?
I'd tell them no bailout money if you don't make the ventilators with no charging
us.
Sloumeau
(2,657 posts)NBachers
(17,081 posts)airplaneman
(1,239 posts)Flaleftist
(3,473 posts)DENVERPOPS
(8,790 posts)He just handed 500 BILLION to Corporations for doing nothing, and he is stalling on one billion for respirators???????
Putin is doing an unbelievably good job of getting Trump & Cronies to DESTROY AMERICA, or he will show us pictures of a russian slut peeing on Trump..., some guy blowing Lindsay Graham, etc etc etc........
The health of our country is waiting for the lowest bidder.
Sarcasm mode is on.
AtheistCrusader
(33,982 posts)A DAY.
MoonlitKnight
(1,584 posts)McCamy Taylor
(19,240 posts)Ghost Dog
(16,881 posts)I'd call this a "smart", and relatively expensive, although comprehensive, option.
The UK is looking to produce the new design you see here: https://www.theguardian.com/world/2020/mar/25/airbus-dyson-firms-waiting-uk-green-light-produce-ventilators-coronavirus
See also: https://techcrunch.com/2020/03/26/dyson-and-gtech-answer-uk-call-for-ventilator-design-and-production-to-support-covid-19-response/
intrepidity
(7,275 posts)Shithead.
Brainfodder
(6,423 posts)1296 people have died in just the USA, and this asshole is working the system for $ at every turn?
If it looks like treason...
BumRushDaShow
(128,482 posts)and then get an assembly process going.
There is no way that some car factory can go from assembly of a "car" to assembly of a piece of medical equipment that requires very tight specs.
GE had pretty much moved into medical equipment and would be one who could do it. And small appliance manufacturers might - but we had pretty much stopped making small appliances in the U.S. and import them from South Korea or China.
HOWEVER - one whole class of small appliances still made here (to a degree) are consumer vacuum cleaners. Companies like Lux (originally Electrolux), Oreck, ShopVac, and even Maytag (which includes a whole pile of brands like Hoover) make them. These companies have plants in the U.S. that make vacuum cleaners. They basically make/assemble hoses and connectors, as well as install motors that create a vacuum and/or manage other types of air handling, and I would think their manufacturing/assembly processes might be more easily adapted to make a ventilator.
crickets
(25,952 posts)You're expecting the same from a greedy narcissistic sociopath, and sad to say it's just not going to happen.
BumRushDaShow
(128,482 posts)(ETA maybe his buddy in the UK, who has now contracted it, will suggest the same for here)
crickets
(25,952 posts)Walleye
(30,978 posts)Vinca
(50,237 posts)and is about to produce 15,000 for the pandemic. Maybe he'll share the technology so local manufacturers can make them. By the time GM and Ventec are up and running - if they ever are - it will be too late.
Hestia
(3,818 posts)Okay, so now we know who it is that wanting everyone to get back to work while they do the paperwork to get with hedge funds, private capital, etc. There's money in them there hospitals...
...and here we go...
I have a question - how much have these corporations have made so far from Dead Peasant Policies? House needs to rule those illegal too or give the policies to spouses and families for burials and to eat.