WEBVTT - Here's Why Vaccine Hesitancy Is A Growing Problem

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News. I'm Stephen, Carol and

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<v Speaker 1>vis Is Here's Why, where we take one news story

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<v Speaker 1>and explain it in just a few minutes with our

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<v Speaker 1>experts here at Bloomberg. There have been several surprises in

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<v Speaker 1>Donald Trump's choices for key roles in his administration, but

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<v Speaker 1>his nominee to lead the Health Department that's been particularly controversial.

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<v Speaker 2>He's a very long anti vaccine activist. He is a

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<v Speaker 2>science denihilist, and he's a conspiracy theorist. This is not

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<v Speaker 2>the kind of person you want to head health agencies.

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<v Speaker 2>I mean, he has said that no vaccine is a

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<v Speaker 2>benefit is tremendous power over all Americans' day to day lives.

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<v Speaker 3>He wants to make people healthy.

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<v Speaker 4>It's driven him pretty wild over the last number of years,

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<v Speaker 4>and today I nominated him for I guess if you

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<v Speaker 4>like health, then if you like people that live a

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<v Speaker 4>long time, it's the most important position.

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<v Speaker 3>RFK Junior Bobby Robert F.

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<v Speaker 1>Kennedy Junior has been vocal in his opposition to vaccines,

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<v Speaker 1>notably during the COVID nineteen pandemic. He was widely condemned

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<v Speaker 1>for calling the shots a crime against humanity. If he's confirmed.

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<v Speaker 1>His position of influence on US health policy comes at

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<v Speaker 1>a time when anti vaccine sentiment has already undermined progress

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<v Speaker 1>in tackling diseases such as measles. Cases jumped by twenty

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<v Speaker 1>percent last year, exposing the gaps in vaccine coverage for

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<v Speaker 1>a preventable illness. So here's why vaccine hesitancy is a

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<v Speaker 1>growing problem. Sam Fazali, director of research at Bloomberg Intelligence,

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<v Speaker 1>joins me now for more. Sam, this idea of being

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<v Speaker 1>opposed to vaccines or skeptical or hesitant about them isn't new,

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<v Speaker 1>But how far can we trace the sort of philosophy back.

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<v Speaker 5>Generally vaccine hesitancy. Vaccine questions, as we all know, have

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<v Speaker 5>been around like any other medicine, really as soon as

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<v Speaker 5>something is available. Right now, we have obcent drugs and

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<v Speaker 5>lots of people are questioning about O weekitly drugs. So

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<v Speaker 5>any new product, any new technology that comes along, there

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<v Speaker 5>are skeptics. And sometimes that's very useful because it pushes

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<v Speaker 5>you to think it harder to make sure you have

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<v Speaker 5>the data and the science backing the risk benefit ratio,

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<v Speaker 5>and that is the critical element of any intervention.

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<v Speaker 3>Than we do in our lives risk benefit ratio.

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<v Speaker 1>So is there any concept that this sentiment is on

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<v Speaker 1>the rise of what effect can we think that it

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<v Speaker 1>has in terms of public health?

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<v Speaker 5>There is evidence that the view of particularly parents with

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<v Speaker 5>regards to childhood vaccinations in terms of negativity is rising.

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<v Speaker 5>If you think back, we had that zudo scientific paper

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<v Speaker 5>that was published quite a long time ago suggesting that certain.

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<v Speaker 3>Vaccines lead to autism.

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<v Speaker 5>Was of course that the study was flawed, that statistics

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<v Speaker 5>were flawed, the analysis was flawed, and that's been proven

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<v Speaker 5>over and over again. So but there is a tendency

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<v Speaker 5>and there seems to be an increasing attitude you toward

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<v Speaker 5>I don't want to expose my child to whatever it

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<v Speaker 5>is that people think that they're doing negative for their kids,

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<v Speaker 5>which of course is as far as I'm concerned, super dangerous.

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<v Speaker 3>I've got some stats for your measles that we can

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<v Speaker 3>talk about.

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<v Speaker 1>Well, let's because that's one of the ones that the

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<v Speaker 1>WHL has particularly been warning about. U.

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<v Speaker 3>Yeah, the data twenty twenty four is still we're in

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<v Speaker 3>it right.

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<v Speaker 5>Twenty twenty three, there was a twenty percent increase in

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<v Speaker 5>the cases of measles. Now, remembering vaccines don't prevent infections.

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<v Speaker 5>Vaccines prevent disease, and I think that's one of the

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<v Speaker 5>things that perhaps people got a bit confused about.

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<v Speaker 3>During COVID.

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<v Speaker 5>You get your vaccinations and a few months later you

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<v Speaker 5>still get COVID infection. But why did that happen? I

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<v Speaker 5>think perhaps we didn't communicate very well. So let's say, measles,

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<v Speaker 5>this infection, twenty percent increase could be a statistical fluke,

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<v Speaker 5>but let's see, well how twenty twenty four turns out.

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<v Speaker 5>But there's definitely a trend toward increases. And we've heard

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<v Speaker 5>stories around the UK where there are outbreaks and there

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<v Speaker 5>have been some cases. But let me just say, before

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<v Speaker 5>the vaccine came through, two point six million people a

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<v Speaker 5>year were.

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<v Speaker 3>Dying nineteen sixty three.

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<v Speaker 5>Imagine how what their your world population was that time

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<v Speaker 5>now much larger, And so far last year or this year,

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<v Speaker 5>we've only had one hundred and seven thousand deaths only.

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<v Speaker 5>I mean, you know that's obviously a single death is bad.

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<v Speaker 5>But so this is something where vaccines really stand out

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<v Speaker 5>in medical treatments.

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<v Speaker 1>For people who are hesitant or unsure about vaccines, how

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<v Speaker 1>much trust can we have on the process that leads

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<v Speaker 1>to their approval. This was part of the conversation around

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<v Speaker 1>COVID as well. It appeared that the process moved much

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<v Speaker 1>quicker in that case.

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<v Speaker 3>Yeah, I mean, don't forget COVID. We were in a pandemic.

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<v Speaker 5>Let's say I'm not saying you well, let's say mpox

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<v Speaker 5>becomes the new small box, right, what are we going

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<v Speaker 5>to do. We have to get vaccinations at as fast

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<v Speaker 5>as possible to prevent the ultimate millions of deaths that

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<v Speaker 5>will occur.

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<v Speaker 3>That is a very specific period. So COVID was a

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<v Speaker 3>very special situation.

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<v Speaker 5>People should not assume that vaccines used to take years

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<v Speaker 5>to get.

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<v Speaker 3>To market previously and they continue to be the case. Now,

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<v Speaker 3>that was a special period.

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<v Speaker 5>Vaccines go through significant rigor because by definition, you're giving

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<v Speaker 5>something a medical intervation to a hell healthy person, So

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<v Speaker 5>you need to be absolutely sure as much as humanly

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<v Speaker 5>possible of its safety.

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<v Speaker 1>What can be done then to counteract the sentiment if

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<v Speaker 1>we can place more emphasis on the rigor of these

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<v Speaker 1>approval systems for vaccines to trust people they're safe. There

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<v Speaker 1>is there more mastering that we can do to ensure

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<v Speaker 1>people know and can trust in vaccines.

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<v Speaker 5>I think good high quality scientific messaging that that is acceptable,

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<v Speaker 5>understandable by people, not bamboozling them with strange terminology and data,

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<v Speaker 5>and really just highlighting the sorts of stats that are

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<v Speaker 5>just given. Nineteen sixty three, two point six million deaths

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<v Speaker 5>last year, one hundred and seven thousand from measos. These

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<v Speaker 5>are facts that people need to know. It's not that

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<v Speaker 5>MESOS virus has disappeared. The virus has always stay with

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<v Speaker 5>us in some form or another. So that's the question.

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<v Speaker 3>I mean, we have got rid of one which was

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<v Speaker 3>small box. But this is what people need to understand.

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<v Speaker 5>Let's give them more information and be ready there to

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<v Speaker 5>coolly converse with folks with other skeptical.

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<v Speaker 1>How much influence could someone in charge of the Health

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<v Speaker 1>and Human Services Department in the United States have on

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<v Speaker 1>vaccine uptake if the messaging is coming from a different

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<v Speaker 1>point of.

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<v Speaker 5>View, significant significant, So I mean, you know, even if

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<v Speaker 5>the ADA approves a vaccine, I think the head of

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<v Speaker 5>the HS can have an influence on it actually being

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<v Speaker 5>able to launch, actually being able to use. This is

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<v Speaker 5>a very powerful position, and I'm hoping given that Doroth K.

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<v Speaker 5>Junior has some very good views about food additives, the

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<v Speaker 5>types of food that are consumed that logic will prevail

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<v Speaker 5>over mythology if it's the best phrase of can news.

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<v Speaker 1>Part of your day job is researching pharmaceutical companies. I

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<v Speaker 1>wonder how they approach this issue of hesitancy around uptake

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<v Speaker 1>of vaccines.

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<v Speaker 3>Yeah.

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<v Speaker 5>Look, farmer companies are there to make a profit. They're

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<v Speaker 5>there to get their product to market faster and keeping

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<v Speaker 5>on the market for longest. The agencies, the FDA, the

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<v Speaker 5>European Agency for Medical Regulation and Approvals it so they

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<v Speaker 5>are there to gatekeep I'm not saying farmer companies do

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<v Speaker 5>bad things, but there is a significant barrier between a

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<v Speaker 5>company who's incentivized to get his products to market, which

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<v Speaker 5>in a majority of the times they do with good conscience.

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<v Speaker 5>There is a barrier, there's a significant filter with the public,

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<v Speaker 5>and that's what these.

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<v Speaker 3>Agencies are for.

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<v Speaker 5>That is where we hope that the HHS and the

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<v Speaker 5>new administration that's coming into the US doesn't undermine that ability. Yes,

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<v Speaker 5>remove red tape, but don't undermine the critical nature of

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<v Speaker 5>their work, which is safety.

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<v Speaker 1>Thanks to Sam Fazzali, director of research at Bloomberg Intelligence,

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<v Speaker 1>for more explanations like this one from our team of

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<v Speaker 1>twenty seven hundred journalists and analysts around the world. Search

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<v Speaker 1>for quick take on the Bloomberg website or Bloomberg Business App.

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<v Speaker 1>I'm Stephen Carroll. This is here's why. I'll be back

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<v Speaker 1>next week with more. Thanks for listening.