Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs (Poll)

[sparky]

capitalist medicine differs from socialist medicine in that one system negotiates prices , the other simply what the market will bare

a rather unsavory truth just as this is why the rich live, the poor die here

~S~

 

[TemplarKormac]

It is price control. You raggedy chumps would be hollering about socialism if Democrats tried this.

The fact is, Democrats had many chances to do this, but never did.

Why is that? You gave the Republicans a chance to seize the narrative on big pharma.

Incompetent and foolish.

 

[candycorn]

The fact is, Democrats had many chances to do this, but never did.

Why is that? You gave the Republicans a chance to seize the narrative on big pharma.

Incompetent and foolish.

Be honest for a change...

Privately insured individuals who go down to Wal-Mart for their drugs--which is most people--will see no price drop what so ever since the blob has no carrot or stick to wield on the private market. The President has no authority to order price decreases (or increases). What he can do is freeze drug companies out of government healthcare which is a big market segment.

Do you expect prices of medicines to fall noticeably for most Americans? Yes or No. If so...why?

 

[JWBooth]

Price control implies a maximum price set by law.

Trump is not setting the absolute maximum price, just the maximum price the US can pay. All prices can rise, but the US can't pay more than everyone else.

So, price control.

 

[dblack]

The fact is, Democrats had many chances to do this, but never did.

Why is that? You gave the Republicans a chance to seize the narrative on big pharma.

Incompetent and foolish.

Wow. Trump wins socialism!

 

[dblack]

Do you expect prices of medicines to fall noticeably for most Americans? Yes or No. If so...why?

It just doesn't matter to me. This isn't why we hire a government.

 

[kyzr]

Be honest for a change...
Privately insured individuals who go down to Wal-Mart for their drugs--which is most people--will see no price drop what so ever since the blob has no carrot or stick to wield on the private market. The President has no authority to order price decreases (or increases). What he can do is freeze drug companies out of government healthcare which is a big market segment. Do you expect prices of medicines to fall noticeably for most Americans? Yes or No. If so...why?

My undertanding is that for certain expensive drugs, like "Ozempic" for example, cost $1,300 here in the US, but $88 in Britain. Trump is saying that the US will not pay more for drugs than other developed countries, and tasked RFK to make it happen. It may require congressional action, we'll see how it plays out at the end of 30-days.

 

[kyzr]

So, price control.

Not "control", not setting the price, but price matching, no price gouging allowed.

 

[JWBooth]

Not "control", not setting the price, but price matching, no price gouging allowed.

Riiiiiiight
Semantics doesn’t change the bottom line. Price controls.

 

[Rawley]

So you’re for price controls?

Thats terrific...

Can we get them on eggs, steak, cars, utility bills, etc???

Price controls? THat's the talking point your masters gave you?

 

[berg80]

Trump gave an example where "fat drugs" cost $1300 a month in the US but $88 a month in the EU. There are many such examples.

Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs

President Donald Trump has signed a sweeping executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the U.S.

apnews.com

Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs​

I agree with Trump that US citizens should NOT pay any more for drugs than other developed countries.

Trump’s Drug Prices Executive Order Is a Big Pile of Nothing

Donald Trump is resurrecting one of his controversial first-term policies to supposedly hack prescription drug prices—but the whole effort is such a nothingburger that he very nearly forgot to sign the executive order enacting it.

“Starting today the United States will no longer subsidize the health care of other countries, that’s what we were doing,” Trump said at a White House press conference Monday, referring to the European Union. He then claimed that low drug prices outside the U.S. were because the federal government had been financially offsetting would-be high prices in other countries.

But that’s detached from reality—the U.S. pays more for drugs because it’s an outlier among high-income, first world countries, which predominantly support universal public health coverage.

Trump’s first-term rule—“Most Favored Nation”—was focused on lowering the cost of Medicare payments on certain drugs, but it barely made it out of the White House. The policy was blocked by federal courts shortly after it was announced in late 2020, and was then rescinded by President Joe Biden in 2021.

Trump’s Drug Prices Executive Order Is a Big Pile of Nothing

Donald Trump has tried something like this once before—and failed.

newrepublic.com

The Commerce Clause of the Constitution prohibits any prez from these kinds of unilateral demands.

 

[g5000]

The pharmaceutical industry can make this EO go away just by giving Trump his Adderall for free, along with a gold mortar and pestle.

And it wouldn't hurt to do the same for Junior.

 

[g5000]

Oh. And one of those little tiny spoon thingies.

But I think Junior uses a tablespoon.

 

[Rawley]

LOL - whatever. Do your little dance. MAGA is pure hypocrisy.

Is this MAGA in the room with you now?

 

[kyzr]

Riiiiiiight
Semantics doesn’t change the bottom line. Price controls.

OK. Price controls, but prices are NOT controlled by the government. Happy?
Pharma can set any price they want, but the US will not be price gouged.

 

[Rawley]

Trump’s Drug Prices Executive Order Is a Big Pile of Nothing

Donald Trump is resurrecting one of his controversial first-term policies to supposedly hack prescription drug prices—but the whole effort is such a nothingburger that he very nearly forgot to sign the executive order enacting it.

“Starting today the United States will no longer subsidize the health care of other countries, that’s what we were doing,” Trump said at a White House press conference Monday, referring to the European Union. He then claimed that low drug prices outside the U.S. were because the federal government had been financially offsetting would-be high prices in other countries.

But that’s detached from reality—the U.S. pays more for drugs because it’s an outlier among high-income, first world countries, which predominantly support universal public health coverage.

Trump’s first-term rule—“Most Favored Nation”—was focused on lowering the cost of Medicare payments on certain drugs, but it barely made it out of the White House. The policy was blocked by federal courts shortly after it was announced in late 2020, and was then rescinded by President Joe Biden in 2021.

Trump’s Drug Prices Executive Order Is a Big Pile of Nothing

Donald Trump has tried something like this once before—and failed.

newrepublic.com

The Commerce Clause of the Constitution prohibits any prez from these kinds of unilateral demands.

Warms the cockles of our hearts to see progressives argue on behalf of Big Pharma for higher prescription drug prices.

Kudos

 

[kyzr]

Is this MAGA in the room with you now?

...LOL

 

[Independent thinker]

Trump gave an example where "fat drugs" cost $1300 a month in the US but $88 a month in the EU. There are many such examples.

Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs

President Donald Trump has signed a sweeping executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the U.S.

apnews.com

Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs​

I agree with Trump that US citizens should NOT pay any more for drugs than other developed countries.

I'm waiting to make my judgement. This sounds like the same old bullshit dems spew. Sounds good on paper but not so much in real life. Drugmakers will recover their money one way or another. It is the yin/yang of the universe, sort of like the game Whack a Mole. You whack one mole and another one just pops back up somewhere else.

 

[dblack]

Is this MAGA in the room with you now?

Keep dancin'.

 

[Rawley]

Keep dancin'.

Not going to stop your dancing. Your cult's meltdown is quite entertaining