“U.S. President Donald Trump on Friday blasted drugmakers and healthcare “middlemen” for making prescription drugs unaffordable for Americans, but healthcare stocks rose as it became clear the administration had avoided taking aggressive and direct measures to cut drug prices.”
OK, how many funny things do we have here? Donald Trump complaining about other people charging high prices is one. Donald Trump complaining about people making money without producing things is another. Donald Trump being in the Bernie Sanders camp is yet another. What else?
LOL at him making other countries pay more than they are paying. And LOL at him thinking other countries paying more would reduce the cost drug makers are charging here.
The one area that would have actually had an impact, he avoided altogether. Allowing Medicare to negotiate prices.
And the result, as noted in the OP, is the drug company stocks surged. Well, I guess spending $280,000,000 per year lobbying, more than any other sector, paid off for the drug manufactures.
Total for Pharmaceuticals/Health Products: $279,572,483
Total Number of Clients Reported: 407
Total Number of Lobbyists Reported: 1,488
Total Number of Revolvers: 952 (64.0%)
It’s decriminalized here in Missouri for amounts under 10 grams, so a couple joints here and there is all good. The state House of Representin’ just passed a medical cannabis bill and it is now headed for the Senate.
We’re making very slow progress, but getting there nonetheless.
Well, at the end of your article it says Pharma co. Novartis paid $1.2 million to Trump lawyer Michael Cohen. So it’s kind of funny how they got their $$$$ worth.
So Dump just took an opportunity to hold a campaign rally today, bellyaching about things as usual, but doing nothing. Can anyone see anything here that will lower drug costs?
I mean, WTH? Does the idiot know his personal lawyer has been selling influence? Is he in on it? Did he direct Cohen to take in cash like that? What is going on?