Trump has made his worthless bid to try to control drug prices in the US. He claims that we pay more for drugs because other countries pay less.
In reality, the 2 countries in the world that pay the most for drugs, the USA and New Zealand, have one thing in common: Direct to Consumer Advertising. If you go to Europe, you will not see or hear drug commercials or advertising because they won't allow it. In the US we do. That is 60% of the cost of the drugs. Development of the drug is less tha 10% according to some sources. And given that many drugs are based on research done at public universities, I believe it. R&D costs can be expensive. Nothing like adverstising costs on radio, tv, the internet, & print though.
And why is he bringi bringing this up now? Elections. He & the Republicans are afraid of the threatened "Blue Wave" of Democrats that could seize power and (laugh) hold him accountable. As if they will impeach him with Pence as Vice President. We'd go from incompetent businessman to religious zealot. Neither one is good for leading this country. And the fear of Kavanaugh being investigated & removed from the Supreme Court? I doubt that too.
This is all a sham and a scam. The only true solution to this crisis is a Medicare for all system for insurance and public ownership of all medical research and production. Capitalism is only about making money. Any way they can & scam, they will.
Until then, we are at the mercy of talking heads and empty promises.
And the capitalists pay a ton of money for those talking heads.
It's another reason we suffer with high prices.
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