Capitilism or Greed?

[rayboyusmc]

Even as drug makers promise to support Washington’s health care overhaul by shaving $8 billion a year off the nation’s drug costs after the legislation takes effect, the industry has been raising its prices at the fastest rate in years.


In the last year, the industry has raised the wholesale prices of brand-name prescription drugs by about 9 percent, according to industry analysts. That will add more than $10 billion to the nation’s drug bill, which is on track to exceed $300 billion this year. By at least one analysis, it is the highest annual rate of inflation for drug prices since 1992.

The drug trend is distinctly at odds with the direction of the Consumer Price Index, which has fallen by 1.3 percent in the last year.

http://www.nytimes.com/2009/11/16/business/16drugprices.html

They must all be on drugs.

 

[KittenKoder]

Please link it.

 

[WillowTree]

Stand by! Marxism on the AIR

 

[Oddball]

Since when does BigPharm have anything to do with real capitalism?

 

[uscitizen]

Well how do you think we are going to have an economic recovery?
Higher energy and health care costs.
Yeah it hurts us, but it is for the greater good of the recovery.