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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Drug Prices ... cutting them bigly

Drug Prices ... cutting them bigly

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote last edited by
    #1

    1 Reply Last reply
    • KlausK Offline
      KlausK Offline
      Klaus
      wrote last edited by Klaus
      #2

      Did he really say that or is this AI-generated? Even for Trump standards, that would be quite embarrassing.

      Also makes you think about how much credibility other numbers have that he uses that are not as obviously nonsense.

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote last edited by
        #3

        Any number he uses is probably wrong unless it’s a tariff rate.

        Thank you for your attention to this matter.

        Doctor PhibesD 1 Reply Last reply
        • KlausK Offline
          KlausK Offline
          Klaus
          wrote last edited by
          #4

          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%.

          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote last edited by
            #5

            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 Brad

            jon-nycJ 1 Reply Last reply
            • jon-nycJ jon-nyc

              Any number he uses is probably wrong unless it’s a tariff rate.

              Doctor PhibesD Online
              Doctor PhibesD Online
              Doctor Phibes
              wrote last edited by
              #6

              @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.

              I was only joking

              1 Reply Last reply
              • MikM Away
                MikM Away
                Mik
                wrote last edited by
                #7

                Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

                "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                jon-nycJ Doctor PhibesD 89th8 3 Replies Last reply
                • LuFins DadL LuFins Dad

                  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.

                  jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote last edited by
                  #8

                  @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.

                  Thank you for your attention to this matter.

                  1 Reply Last reply
                  • MikM Mik

                    Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

                    jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote last edited by jon-nyc
                    #9

                    @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?

                    I don’t think he has. Just announced a plan an intent to do so.

                    Thank you for your attention to this matter.

                    1 Reply Last reply
                    • MikM Mik

                      Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

                      Doctor PhibesD Online
                      Doctor PhibesD Online
                      Doctor Phibes
                      wrote last edited by Doctor Phibes
                      #10

                      @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.

                      I was only joking

                      1 Reply Last reply
                      • MikM Mik

                        Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

                        89th8 Offline
                        89th8 Offline
                        89th
                        wrote last edited by
                        #11

                        @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.

                        1 Reply Last reply
                        • MikM Away
                          MikM Away
                          Mik
                          wrote last edited by
                          #12

                          He took an action. What do you think might be the result?

                          "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                          Doctor PhibesD 1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote last edited by
                            #13

                            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.

                            Thank you for your attention to this matter.

                            MikM 1 Reply Last reply
                            • MikM Mik

                              He took an action. What do you think might be the result?

                              Doctor PhibesD Online
                              Doctor PhibesD Online
                              Doctor Phibes
                              wrote last edited by
                              #14

                              @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.

                              I was only joking

                              1 Reply Last reply
                              • jon-nycJ jon-nyc

                                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.

                                MikM Away
                                MikM Away
                                Mik
                                wrote last edited by
                                #15

                                @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.

                                "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                1 Reply Last reply
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote last edited by
                                  #16

                                  We’ll see.

                                  In his first term he campaigned on allowing Medicare to negotiate drug prices. Then he got elected and Pharma rolled him in one meeting.

                                  Biden then got it done, at least a start, with 10 drugs.

                                  Thank you for your attention to this matter.

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