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Feel The Bern: Donald Trump Copies Sanders On Drug Price Controls
Investor's Busienss Daily ^ | 2/9/2016 | Staff

Posted on 02/10/2016 4:30:11 AM PST by IBD editorial writer

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To: 9YearLurker
Yeah ... I know .... as a Bostonian (suffering transplant shock in SW Pa .. ) ... my ears are tuned to the accent

We would nevah say New Ham'sher, when it's New Ham'shah.

When we have no ahs, we have no ahs .... it just is what it is.

41 posted on 02/10/2016 7:52:03 AM PST by knarf (I say things that are true ... I have no proof ... but they're true.)
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To: patq; sickoflibs
Trump keeps showing his liberal slip and his supporters keep coming up with excuses for him.

Trump is not talking about bidding. He wants the Pharma companies to start to eat it on price and the solution......have Medicare pick up the pieces, i.e. force more cost onto the States. Very non-Republican he said - this will help all those people dying in the street.

Always funny when Trump supporters suggest that the system is rigged toward big donors when Trump himself is a self admitted, crony capitalist BIG DONOR.

He was 100% correct, he can do an say anything and his supporters won't blink an eye.

Independent thought - Trump is counting on it going away.

42 posted on 02/10/2016 7:54:05 AM PST by Reagan Disciple (Peace through Strength)
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To: IBD editorial writer

Trump and fact don’t often collide in the same sentence.


43 posted on 02/10/2016 8:02:41 AM PST by DoodleDawg
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To: Reagan Disciple
I don't see Trump that way

My OWN personal understanding of money and profit and etc.

If a bandaid costs a penny to make, and all the workers involved with the manufacturing of that bandaid are satisfied with their wages .... the bandaid costs a penny

If the bandaid is re-sold for a profit (and because we're talking bandaids) ... of sayyyy .. .001 cent and all the middle people are able to earn a living and pay their people, the bandaid now costs 1.001 cent(s)

If the public accepts the cost of a bandaid for 1.001 cent(s) ... then everything is copacetic


I think that is the way Trump thinks, unless he can reduce by negotiating HIS (public) cost to 1.0001 cent(s) per


Trump is constantly throwing into the rhetorical mix, the interference of the government .... which is what makes the consumer cost 10 cents a bandaid instead of 1.001


I don't think it is a socialist thought nor action to use power to eliminate interfering elements from free enterprize

44 posted on 02/10/2016 9:06:04 AM PST by knarf (I say things that are true ... I have no proof ... but they're true.)
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To: Mase

” So you love the silver bullets the pharmaceutical industry can deliver from time to time but hate the profits that allows those wonder drugs to come to market? “

OK, the one mentioned here actually IS a silver bullet and as I had mentioned is worth pretty darned close to what they are asking for it.

Now explain how something as simple as Retin-A to make, whose patent expired some time ago, has increased massively in price over the last few years. My answer: collusion.


45 posted on 02/10/2016 9:31:29 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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To: Joe Bfstplk
"I would favor laws preventing the drug companies from selling drugs in the U.S. at a price higher than they would charge anywhere else in the world." Why is this unreasonable? Many companies sign something similar in principle when they get on the GSA schedule.
46 posted on 02/10/2016 9:34:15 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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To: IBD editorial writer

I sincerely doubt Trump is imitating Bernie Sanders. It just makes good business sens. Trump has ordered thousands of commodities for his hotels and apartments for decades, buying containter loads of televisions, sinks, other furnishings. Any responsible buyer knows how to drive a bulk price — it’s Business 101. Not something they do in the U.S. Senate.


47 posted on 02/10/2016 11:27:16 AM PST by Albion Wilde (Who can actually defeat the Democrats in 2016? -- the most important thing about all candidates.)
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To: The Antiyuppie
OK, the one mentioned here actually IS a silver bullet and as I had mentioned is worth pretty darned close to what they are asking for it.

You should be allowed to determine which therapies are worth the cost vs, which ones are ripping you off? I'm pleased to know you think a drug that saves lives, and cures people of an affliction that used to mean death, is close to being worth close what they're asking for. I'm sure your storied career in pharmaceutical research, designing sophisticated chemical compounds to fight complex diseases, makes you qualified to opine on this.

OK, the one mentioned here actually IS a silver bullet and as I had mentioned is worth pretty darned close to what they are asking for it.

Collusion? Right. Sounds like you're missing an opportunity to become rich. You should immediately start producing these simple retinoids and make a fortune while serving your fellow man.

In addition to Sovaldi and Harvoni, do you think Gleevec is worth the cost? Serelaxin? What about the new drugs to treat MS and Cystic Fibrosis? There are silver bullets in the pipeline that will kill the parasite that causes malaria and all sorts of therapies that are promising against cancer. Profit is what drives these innovations, but some people think that this profit needs to be managed by government because only government can save us from the evil SOB's that charge too much for Retin-A.

48 posted on 02/10/2016 2:37:29 PM PST by Mase (Save me from the people who would save me from myself!)
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To: The Antiyuppie
Again, you want government to negotiate prices rather than the hundreds of private sector providers who are already negotiating for Medicare recipients. Glad you have so much faith in government bureaucrats. It's worked out so well in collectivist countries. Just think where we'd be without the Russian and Venezuelan pharmaceutical industries!

Given your argument, why stop at pharmaceuticals? Government should be negotiating food prices for us as well. Just think how much they can save us vs. Wal-Mart. Those bastards at WM make 3% net profit on their sales, after all. Then let's move on to automobiles and electronics. I'll bet Trump can lower the cost of 4K Ultra HD televisions so that everyone can afford one. He buys commodities by the container load dontcha know.

49 posted on 02/10/2016 2:45:04 PM PST by Mase (Save me from the people who would save me from myself!)
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To: Mase

“Collusion? Right. Sounds like you’re missing an opportunity to become rich. You should immediately start producing these simple retinoids and make a fortune while serving your fellow man. “

I could get it made in another country inexpensively and if I imported it here as medicine I would certainly be arrested. The drug companies aren’t the only ones in collusion.


50 posted on 02/10/2016 4:47:39 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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To: The Antiyuppie
You might be arrested if you do it illegally. Of course, much depends on the product. The FDA, an arm of your beloved government (that will surely level the playing field), is the main reason drugs are so expensive. They are also the single major cause of shortages and a thin pipeline.

Anyone who thinks the relationship between the pharmaceutical industry and the FDA is anything but adversarial has no understanding of the industry except for the nonsense they read on internet.

51 posted on 02/10/2016 5:37:28 PM PST by Mase (Save me from the people who would save me from myself!)
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To: IBD editorial writer

Trump said nothing about price controls.

You are stretching the truth by trying to link him to what Bernie wants.

You started with your own premise and then tried to prove it.

You failed.


52 posted on 02/10/2016 5:45:30 PM PST by Amntn ("The only special interest not being served by our government is the American people" - Donald Trump)
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