American patients first: Trump orders drugmakers to match lowest global prices

[Slyhunter]

But he just announced price controls on drug manufactures....

Do you not get it....

Wrong, he is not telling them what to charge, he is just telling them to match the lowest price they charge someone else. So if they want to charge more they can by raising the price so the lowest price is the price they want to sell it to us for.

 

[Slyhunter]

My take:

Trump's move to force drug companies to keep prices at certain levels is technically against what the Right believe in. It doesn't matter whether the end result is good for the people or not, the fact stands that he is doing what he (probably) says he's against. Then again, this doesn't surprise me, because very few politicians do or say anything out of genuine belief/conviction. Trump is doing this to make himself more popular with people, that's all. He goes against what the Right/Republicans believe in, because he does not have any political convictions whatsoever. Behind closed doors, and in his heart of hearts, he doesn't give a shit about whether this is price control, whether price control is socialism, whether socialism is good, whether it's morally justifiable to force private companies to charge certain prices for their proprietary products....etc. He doesn't care about any of that stuff. He did this purely to win people's hearts and then later on, maybe their votes. Trust me, he doesn't give a shit.

Not forcing to keep prices at a certain lvl. They can raise the price level if they want but only if they insure they raise it for everyone to that level.

 

[Slyhunter]

Literally every human reads another human's mind, because there is no way for anybody to ascertain what another person is thinking.

Huh?

 

[HikerGuy83]

Yep. The more power government has to intervene in the economy, the more businesses will "co-mingle" with them.

I find it hard to explain that to my "pro business" conservative friends.

At least one took some time to think about and finally admitted it was true.

 

[EvilCat Breath]

.

I just about passed out -- I was in England and caught a cold, and asked a doctor for a prescription for an antibiotic, to ward off my usual bacterial pneumonia which always followed a cold. At the chemist, I got the Rx filled and got a funny look when I asked for the price. My host tapped me on the shoulder and explained that all prescriptions cost the same in UK -- roughly equivalent of about $6.50.

Then, when I went home, I refilled my other prescription -- $450 per month, generic. I told my American pharmacist the story and she just rolled her eyes and agreed with me that it was ridiculous.

I'm currently listening to the press conference President Trump is having with RFK Jr, et al, and hoping that they'll get something done about the filthy robbery by the medical industrial complex.


.

Last week I went to get a prescription filled. It was $224.00. Then I got a letter from the insurance company that due to changes in federal law the price would now be compatible with global prices. It was $22.00.

Thank you President Trump

Trump 2028! If only.

 

[MayorQuimby]

Wrong, he is not telling them what to charge, he is just telling them to match the lowest price they charge someone else. So if they want to charge more they can by raising the price so the lowest price is the price they want to sell it to us for.

Maybe this isn't price control in the stricter sense, but it is still an instance of a president telling private businesses what to do.

 

[dblack]

It is not fair to force us to pay the R&D for the entire Planet. It is Capitalism to want an even playing field in order to have competitive pricing.

Nah. Pretty much any time someone bloviates about a "level playing field" they're talking about government intervention in the market. You can still call that "capitalism", if you want. But it's not a free market. Wage and price controls have always been considered transitional policies - inroads - toward socialism.

 

[dblack]

Last week I went to get a prescription filled. It was $224.00. Then I got a letter from the insurance company that due to changes in federal law the price would now be compatible with global prices. It was $22.00.

Thank you President Trump

Trump 2028! If only.

Free shit!!!

 

[OhPleaseJustQuit]

Free shit!!!

.



Earned shit.




.

 

[Donald H]

.

I just about passed out -- I was in England and caught a cold, and asked a doctor for a prescription for an antibiotic, to ward off my usual bacterial pneumonia which always followed a cold. At the chemist, I got the Rx filled and got a funny look when I asked for the price. My host tapped me on the shoulder and explained that all prescriptions cost the same in UK -- roughly equivalent of about $6.50.

In England their socialized medical system has everybody sharinig the burden of paying for meds. That's communism and it's not good for you.

Then, when I went home, I refilled my other prescription -- $450 per month, generic. I told my American pharmacist the story and she just rolled her eyes and agreed with me that it was ridiculous.

Freedom from communism doesn't come cheap! Trust god and capitalism, he will eventually pay all your bills!

I'm currently listening to the press conference President Trump is having with RFK Jr, et al, and hoping that they'll get something done about the filthy robbery by the medical industrial complex.

Capitalism isn't filthy. The plan they are working on is to keep profits where they are for the wealthy but share the cost burden amongst the people. Not stealing OPM as is done in England.

.

 

[Godboy]

You operate as programmed.

View attachment 1110498

Price control is what Kamala was trying to do. Trump is just demanding that they charge the US the same as everyone else. No more super inflated 200%+ prices on US customers. Huge difference between the two.

 

[dblack]

Price control is what Kamala was trying to do. Trump is just demanding that they charge the US the same as everyone else. No more super inflated 200%+ prices on US customers. Huge difference between the two.

It's different when we do it!!!

 

[Godboy]

It's different when we do it!!!

Telling companies to stop gouging us with wildly inflated prices that the rest of the world doesnt get, is NOT "price control". Being against this is very dtrange and unamerican.

 

[dblack]

Telling companies to stop gouging us with wildly inflated prices that the rest of the world doesnt get, is NOT "price control".

So very, very different.

 

[Godboy]

So very, very different.

Not just different, its literally not the same thing at all.

 

[dblack]

Not just different, its literally not the same thing at all.

Of course, of course.

 

[The Sage of Main Street]

It is Capitalism to want an even playing field in order to have competitive pricing.

Superior Commoners Are Born in the Dugout and Made to Believe They Are Benched

Hereditary ownership contradicts and crashes Capitalism. Nepos and their knee-huggers collapse the economy from the top down.

HeirHeads are pre-positioned halfway to the finish line. "Even playing field" is impossible under unearned birth privileges and class-climbing no-talent yes-men.

 

[BothWings]

You can't tell where big business starts and government ends. They are so co-mingled.

That was solidified when Obama bailed all those floundering corporations out. They are now permanently indebted to the government. In a sense the government now owns them and they own the government. Almost like they're conjoined twins.

 

[HikerGuy83]

That was solidified when Obama bailed all those floundering corporations out. They are now permanently indebted to the government. In a sense the government now owns them and they own the government. Almost like they're conjoined twins.

Totally spot on.

 

[The Sage of Main Street]

Nah. Pretty much any time someone bloviates about a "level playing field" they're talking about government intervention in the market. You can still call that "capitalism", if you want. But it's not a free market. Wage and price controls have always been considered transitional policies - inroads - toward socialism.

Wonks Wallowing in Wise Guys' Wall Steet

Outside the fantasyland of economic theories, a free market is actually mob rule. If left alone, those who swindle the most will inevitably form a ruling clique. Oligarchy is their Allah, and they pray to it six times a day to let them prey.