Drug Prices ... cutting them bigly
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At least it is obvious that there is no reasoning or calculation behind the numbers he uses. When he says "1200%" it merely means a very vague "I promise to do something about it", and when that promise eventually meets reality it may mean a cut by 6%, or even an increase by 4%.
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What he’s saying is that he’s basically going to pay people to stay home and take drugs.
Not too different than the Carter years, really.
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@jon-nyc said in Drug Prices ... cutting them bigly:
Any number he uses is probably wrong unless it’s a tariff rate.
Those change on an hourly basis and are on a sliding scale between 0 and 4 Brazilian percent so he can never be wrong.
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What he’s saying is that he’s basically going to pay people to stay home and take drugs.
Not too different than the Carter years, really.
@LuFins-Dad said in Drug Prices ... cutting them bigly:
What he’s saying is that he’s basically going to pay people to stay home and take drugs.
Not too different than the Carter years, really.
The beta test of that in San Francisco was a bit of a mess.
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Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?
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Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?
@Mik said in Drug Prices ... cutting them bigly:
Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?
What's he done? Is it going to be awesome?
Because to be honest, and I hate to sound ungrateful, but I'm a little tired of winning.
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Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?
@Mik said in Drug Prices ... cutting them bigly:
Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?
Has he? Or is this similar to the “I reduced egg prices by 700%” or whatever? Really wish I could believe anything he states as a fact.
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I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.
We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.
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@Mik said in Drug Prices ... cutting them bigly:
He took an action. What do you think might be the result?
An equal and opposite reaction?
This is a science thread, after all.
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I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.
We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.
@jon-nyc said in Drug Prices ... cutting them bigly:
I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.
We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.
It's a start.