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Coming from you, that's meaningless.
It Appears That Most Of Congress Is Upset That Trump Is Slashing The Costs Of Prescription Drugs
- Thread starter mudwhistle
- Start date
yidnar
Diamond Member
so you have a problem with Americans paying the same low cost for drugs the rest of the world pays eh ?
This just in>>>
Former Democrat Robert Kennedy Jr. comments on President Trump's new executive order to lower drug prices in America by 30-80%. If you are a Democrat - you might want to read this and take it to heart. It's all true.
RFK JR: “Thank you, Mr. President. This is an extraordinary day. This is an issue that I grew up with in the Democratic Party, and every major Democratic leader for 20 years has been making this promise to the American people. This was the fulcrum of Bernie Sanders’ runs for the presidency—that he was going to eliminate or correct this discrepancy between Europe and the United States.
But as it turns out, none of them were doing it. It’s one of those promises that politicians make to their constituents, knowing that they’ll never have to fulfill it. The reason they’ll never have to do it is because they know that Congress is controlled, in so many ways, by the pharmaceutical industry.
There’s at least one pharmaceutical lobbyist for every Congressman, every Senator on Capitol Hill, and every member of the Supreme Court—by some estimates, even more. The pharmaceutical industry itself spends three times what the next largest lobbying sector spends on lobbying. So this was an issue that people talked about, but nobody wanted to do anything, because it was radioactive. They knew you couldn’t get it past Congress.
We now have a President who is a man of his word—who has the courage. President Trump was taking money from the pharmaceutical industry too. I think they gave you $100 million? But he can’t be bought, unlike most of the politicians in this country. And he is standing here for the American people.
I don’t know why there are writers like Elizabeth Warren or Robert Reich who are saying that President Trump is on the side of the oligarchs. There has never been a President more willing to stand up to the oligarchs than President Donald Trump.
I’m very, very proud of you, Mr. President, for your courage. I’ll say—because I don’t want to be crude—your intestinal fortitude, your stiff spine, and your willingness to stand up for the American people.
We have 4.2% of the world’s population. Our country represents 75% of the revenues for pharmaceutical companies. We spend in our country $1,126 per capita on drugs. In Britain, they spend about $240. They spend one-fifth of what we do. And this is true across Europe.
And the drug companies—even the European ones—if you ask them, it made no sense what they were saying: that America has to pay for this innovation.
It’s not going to happen. What President Trump is saying to our European partners is: you’ve got to raise the amount you’re paying for those drugs and pay your share of the innovation. The United States is no longer subsidizing that.
If the Europeans raise the price of their drugs by just 20%, that is $10 trillion that can be spent on innovation. The health of all people across the globe is going to improve because we’re going to have better products.
I’m just so grateful to be here today. I never thought this would happen in my lifetime. I have a couple of kids who are Democrats—big Bernie Sanders fans. When I told them this was going to happen, they had tears in their eyes because they thought, “This is never going to happen in our lifetime.”
We finally have a President who’s willing to stand up for the American people.”
https://x.com/EndTribalism/status/1921937682189451662
~S~
Former Democrat Robert Kennedy Jr. comments on President Trump's new executive order to lower drug prices in America by 30-80%. If you are a Democrat - you might want to read this and take it to heart. It's all true.
RFK JR: “Thank you, Mr. President. This is an extraordinary day. This is an issue that I grew up with in the Democratic Party, and every major Democratic leader for 20 years has been making this promise to the American people. This was the fulcrum of Bernie Sanders’ runs for the presidency—that he was going to eliminate or correct this discrepancy between Europe and the United States.
But as it turns out, none of them were doing it. It’s one of those promises that politicians make to their constituents, knowing that they’ll never have to fulfill it. The reason they’ll never have to do it is because they know that Congress is controlled, in so many ways, by the pharmaceutical industry.
There’s at least one pharmaceutical lobbyist for every Congressman, every Senator on Capitol Hill, and every member of the Supreme Court—by some estimates, even more. The pharmaceutical industry itself spends three times what the next largest lobbying sector spends on lobbying. So this was an issue that people talked about, but nobody wanted to do anything, because it was radioactive. They knew you couldn’t get it past Congress.
We now have a President who is a man of his word—who has the courage. President Trump was taking money from the pharmaceutical industry too. I think they gave you $100 million? But he can’t be bought, unlike most of the politicians in this country. And he is standing here for the American people.
I don’t know why there are writers like Elizabeth Warren or Robert Reich who are saying that President Trump is on the side of the oligarchs. There has never been a President more willing to stand up to the oligarchs than President Donald Trump.
I’m very, very proud of you, Mr. President, for your courage. I’ll say—because I don’t want to be crude—your intestinal fortitude, your stiff spine, and your willingness to stand up for the American people.
We have 4.2% of the world’s population. Our country represents 75% of the revenues for pharmaceutical companies. We spend in our country $1,126 per capita on drugs. In Britain, they spend about $240. They spend one-fifth of what we do. And this is true across Europe.
And the drug companies—even the European ones—if you ask them, it made no sense what they were saying: that America has to pay for this innovation.
It’s not going to happen. What President Trump is saying to our European partners is: you’ve got to raise the amount you’re paying for those drugs and pay your share of the innovation. The United States is no longer subsidizing that.
If the Europeans raise the price of their drugs by just 20%, that is $10 trillion that can be spent on innovation. The health of all people across the globe is going to improve because we’re going to have better products.
I’m just so grateful to be here today. I never thought this would happen in my lifetime. I have a couple of kids who are Democrats—big Bernie Sanders fans. When I told them this was going to happen, they had tears in their eyes because they thought, “This is never going to happen in our lifetime.”
We finally have a President who’s willing to stand up for the American people.”
https://x.com/EndTribalism/status/1921937682189451662
~S~
TNHarley
Diamond Member
- Sep 27, 2012
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I have a problem with socialism. I have a problem with the govt abusing its powers.
yidnar
Diamond Member
its not socialism .. why shouldn't Americans pay the same lower prices as many other {developed} countries ?
TNHarley
Diamond Member
- Sep 27, 2012
- 96,255
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Price fixing is socialism.
yidnar
Diamond Member
Trump isn't price fixing .. he saying the US shouldn't pay more for prescription drugs [many American made ] than other countries pay .. he's fighting price gouging..
- Jan 27, 2017
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- Jan 27, 2017
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I think he has a problem with how that's going to be accomplished.
I do too- and I'm certainly no TDSer.
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,876
- 77,698
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If the pharmaceutical companies had a good reason for price discrepancies abroad they would say what it is... but watch them... they will fight this in court and will never explain why... because it is.... a rip off of Americans and they know it...
TNHarley
Diamond Member
- Sep 27, 2012
- 96,255
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Putting a cap on cost is price fixing.
Its exactly what Kamala was going to do with food and everyone freaked out. Now we are here, and both sides just flip flopped lol.
Crazy to see.
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,876
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The prices are fixed by the other nations who purchase drugs... all Trump is doing is demanding the price is the same from one place to another... that is not price fixing dummy... its price freeing... now stop acting like a child and for once get on the side of America...
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,876
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I guess democrats don't want big pharma to be fair in their pricing... they want us to pay double what other nations pay...
TNHarley
Diamond Member
- Sep 27, 2012
- 96,255
- 59,777
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Its price fixing. He is setting a limit on how much meds can cost.
Just like Kamala was going to do with food.
Suddenly this price fixing socialism is fine for MAGA, and wrong for the leftists lol.
You silly ass people are just alike.
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,876
- 77,698
- 3,605
its price fixing now... why can't you see that....
TNHarley
Diamond Member
- Sep 27, 2012
- 96,255
- 59,777
- 2,605
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,876
- 77,698
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No dummy... I will try again so please put the bong down... the nations who buy American drugs have fixed prices and we are making up the difference... in other words we are financing their medicine...Price fixing from the PRIVATE sector?
yidnar
Diamond Member
what cap has he put on drug prices .. he just wants the US to pay what other countries pay ..
Seymour Flops
Diamond Member
The problem with that is that the free market you envisioning would not be worldwide, but sales by pharmaceutical companies are.
What that means is that the American consumer will not be buying in a free market. Instead, he will be buying a product that is heavily price fixed in other countries, prompting Big Pharma to pass R&D costs almost exclusively to U.S. patients.
So Canadians - if they survive the wait list and get a prescription - pay first the manufacturing costs, overhead, and profit margin, while U.S. of Americans pay for those plus fund research.
Not to mention some of the U.S. research grants go to actual development of medication, so we pay twice, as consumers and as taxpayers.
- Dec 16, 2017
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You're 100% right. I think we need to continue letting these drug companies charge Americans 10 times the price for drugs as they do other countries, all while being subsidized by the American taxpayer.
I'm 100% on board with this....
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