One of the most intriguing aspects of cuprates is a large pseudogap coexisting with a high superconducting transition temperature. Here, we study pairing in the cuprates from electron-electron interactions by constructing the pair vertex using spectral functions derived from angle resolved photoemission data for a near optimal doped Bi$_2$Sr$_2$CaCu$_2$O$_{8+delta}$ sample that has a pronounced pseudogap. Assuming that that the pseudogap is {it not} due to pairing, we find that the superconducting instability is strongly suppressed, in stark contrast to what is actually observed. Using an analytic approximation for the spectral functions, we can trace this suppression to the destruction of the BCS logarithmic singularity from a combination of the pseudogap and lifetime broadening. Our findings strongly support those theories of the cuprates where the pseudogap is instead due to pairing.