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The Lives of Americans, The Livelihoods of the Drug Companies: Donald Trump Points the Way ...
Breitbart.com ^ | 7 Mar 2016 | James P. Pinkerton

Posted on 03/07/2016 6:53:37 PM PST by Rockitz

Did you notice that Donald Trump, speaking in Florida on the night of March 5— fresh from victories in two of the four states that went to the polls on Saturday— cited “pharmaceuticals” as villains to be brought to political justice?

In fact, in recent weeks the populist mogul has attacked the drug industry repeatedly, in terms that might seem unfamiliar for a Republican—any Republican, that is, other than the consciously iconoclastic Trump.

...

To be sure, most of Trump’s 2016 campaign healthcare plan is in keeping with orthodox Republicanism. Most obviously, he urges the “full repeal” of Obamacare.

Yet at the same, Trump, marching to his own drummer, has also said, “We’re not going to let people die in squalor.” So, whereas some Republicans would be happy repealing Obamacare and leaving it at that, Trump is determined to replace the Democrats’ national health plan with a comprehensive plan of his own. Indeed, the billionaire seems to be on his way to articulating his own vision of a right-of-center “social contract.” More on that later.

In the meantime, Trump has been specific on two policy ideas, both of which are anathema to the pharmaceutical companies and their traditional Republican allies.

The first idea is reimportation; the second is price-negotiation. Let’s look at each in turn:

Reimportation means bringing back US-made drugs that were sold overseas at a price lower than that in America, thereby lowering the price in the US. As the trade publication FiercePharma notes, the drug companies hate the idea:

Industry lobbyists have fought against previous proposals to allow drugs to flow into the U.S.–a higher-priced market–from countries where they’re less expensive. Bills including the provision have been defeated several times in Congress.

(Excerpt) Read more at breitbart.com ...


TOPICS: Culture/Society; Extended News; Politics/Elections
KEYWORDS: bigpharm; cronycapitalism; trump2016
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Big Pharm needs to be read the riot act. Go Donald!
1 posted on 03/07/2016 6:53:37 PM PST by Rockitz
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To: All

Full Title...

The Lives of Americans, The Livelihoods of the Drug Companies: Donald Trump Points the Way to a New Social Contract—Like It or Not


2 posted on 03/07/2016 6:56:15 PM PST by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Rockitz
Congressman Adam Smith of Washington state wrote The Wealth of Nations in 1776? What a long life he's had!

I almost stopped reading there.

3 posted on 03/07/2016 6:58:22 PM PST by Publius ("Who is John Galt?" by Billthedrill and Publius now available at Amazon.)
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To: Rockitz

https://ycharts.com/companies/PFE/gross_profit_margin


4 posted on 03/07/2016 6:59:00 PM PST by Sacajaweau
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To: Rockitz

Trump is worse than Obama.


5 posted on 03/07/2016 7:02:43 PM PST by smokingfrog ( sleep with one eye open (<o> ---)
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To: Rockitz

Not to mention these same corporations are the ones who are using lower cost foreign labor home and abroad and lowering our living standards. They are also “working with the Democrats to get things done.”


6 posted on 03/07/2016 7:04:31 PM PST by amnestynone (We are asked by people who do not tolerate us to tolerate the intolerable in the name of tolerance.)
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To: Publius

Seems like that’s one of those auto-fill features that all Breitbart authors have to contend with. Obvious blunder.


7 posted on 03/07/2016 7:04:53 PM PST by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Rockitz

Yeah. The government always needs to tell a company how much money they are allowed to make. And for you to earn.

Sounds great.


8 posted on 03/07/2016 7:10:03 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: ifinnegan

...and how many people they are allowed to kill and how many lives they are allowed to destroy to make those bucks. We need about 5% of Big Pharm. The rest are scum-sucking grifters moving from one disease to the next.


9 posted on 03/07/2016 7:13:55 PM PST by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Rockitz

“We need about 5% of Big Pharm. The rest are scum-sucking grifters moving from one disease to the next.”

Are they scum-sucking pea-heads with lousy physiques?


10 posted on 03/07/2016 7:16:40 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: smokingfrog

Not at all. He just can’t be bought by Big Pharm’s money.


11 posted on 03/07/2016 7:17:09 PM PST by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Rockitz
it’s easy to see that price-negotiation would become a de facto regime of price controls.

Categorically BS. Paying the highest price for drugs by means of donor class payoffs to politicians is corruption.. I do know what that is.

No industry wants that, of course, and neither should any innovation-conscious consumer.

This guy is out of his mind.

12 posted on 03/07/2016 7:21:39 PM PST by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: Rockitz
Absolutely, we need to be more like the countries that use price controls to read their pharma industries the riot act. They don't bring any new drug therapies to market. Since 80%-90% of all new drugs are discovered in the US, what could possibly go wrong?

Who needs a golden goose pipeline when we have so many of today's diseases under control? Antibiotics wiped out bacterial infections, and viruses no longer mutate. Cancer is almost cured and as the baby boomers age, they'll be more than happy with what's available today. Drugs for people, not for profit!

13 posted on 03/07/2016 7:24:56 PM PST by Mase (Save me from the people who would save me from myself!)
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To: Rockitz
Why exactly, does big pharma need to be read the "riot act?" Isn't this the style of the current President, sticking his nose into business he doesn't understand?

It's strange that a Presidential candidate who's made much of his campaign about keeping illegals out of the US, has no issues about opening the borders to drugs from other countries. He talks a good talk about keeping jobs here in America, but with his plans, has no qualms about inflicting potential job losses in the pharmaceutical industry.

14 posted on 03/07/2016 7:25:59 PM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: Rockitz
We need about 5% of Big Pharm. The rest are scum-sucking grifters moving from one disease to the next.

I see you know jack squat about the pharmaceutical industry.

15 posted on 03/07/2016 7:26:49 PM PST by Mase (Save me from the people who would save me from myself!)
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To: ifinnegan
Yeah. The government always needs to tell a company how much money they are allowed to make. And for you to earn.

It's no wonder the country is going down the tubes. You haven't a freakin' clue do you?

Ever think that we should get the best value for our tax dollars... or are you so sold on graft, kick-backs and donor controlled politics as just part of the system.

Ever hear that buying in volume gets a better price. Isn't that what everyone else does, including Walmart? Why should taxpayers pay more?

Do you really understand capitalism and how our country is supposed to work.

16 posted on 03/07/2016 7:28:31 PM PST by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: Lou L
Job losses because the government doesn't pay top dollar for drugs? Next it will be... job losses because the government doesn't pay billions for cost overruns... or job losses because we cut the IRS or the EPA or the Department of Education.

Can't get the best price for anything without job losses. Hey! How about we can't cut out the corruption because there will be job losses for lobbyists.

17 posted on 03/07/2016 7:33:23 PM PST by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: Mase

A lot of people know jack squat about a lot of things, yet still are loudmouth armchair experts.


18 posted on 03/07/2016 7:33:50 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Rockitz

>...and how many people they are allowed to kill and how many lives they are allowed to destroy to make those bucks. We need about 5% of Big Pharm. The rest are scum-sucking grifters moving from one disease to the next.<

I completely agree

................
perhaps someone could explain to me,
exactly what use to society,
does Purdue Phama provide?
https://en.wikipedia.org/wiki/Purdue_Pharma


19 posted on 03/07/2016 7:42:57 PM PST by RockyTx
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To: ifinnegan
Yeah, like the one telling you that government price controls are in the consumers best interest.

They used to teach Economics and the Constitution in school. Lots of illiterates out there believing that government is best suited for managing the free market. Utopia is just one more bureaucrat away.

20 posted on 03/07/2016 8:04:14 PM PST by Mase (Save me from the people who would save me from myself!)
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