HAPPENING!!! TRUMP JUST DESTROYED BIG PHARMA WITH THE SWIPE OF A PEN!!!

Hate to admit it. But he is finally making good moves. What happened to him? Is he alright!

Lmao.

He thinks a syringe with 8mg of cum in it costs £1000

Who pays the $920

Not the customer.
It's all markup.
It does not cost $1000 to produce insulin.
It's not "who pays?" it's "who is getting paid less?"

That’s why America needs a universal governmental health insurance so these tricks are no longer necessary.

Trump was in his presidential limo on his way to a rally in Michigan right after he met with Bibi in the White House. He was in a video call with Bibi and while Bibi was connecting to the call he didn't realize that the cover for his webcam was off but his mic was on so he called Trump a "stupid goy" in hebrew and Trump heard it.

Ever since that moment Trump has refused to talk to Bibi.

PBS LIVESTREAM: youtu.be/IkTcKPcGaRA

Do you know how libtards even work?

I mean it's pretty obvious this is a farce with ulterior motives rather than a Republican magically deciding that "marxist" price controls are suddenly a good thing, right?

Trump hates the courts and wants to make them look bad. His poll numbers are also terrible but he wants to make himself look good. Writing an executive order that is going to *easily* get shot down in court by Pharma companies is win-win for him. He gets to play the hero and the victim at the same time, "I tried my best to save you guys money but those evil courts didn't let me!" and he gets to further erode public perception of our judicial branch, who he hates for not giving him carte blanche control of the government.

Of course not.
I was worried it was some scam where the tax payer paid the difference.

This isn't a "price control" retard, the Pharma Companies get to choose their own price cap. Either they raise prices overseas or they don't it is entirely up to them to make that decision.

"marxist" price controls

its not tho.
its simply saying, Americans pay, what these cunts sell the same drug for, overseas.
you are simply being ripped off because you are white and first world

Obama broke the insurance so people beg for govt insurance. With the US govt, there will be no insulin. It's different from the Soviet government with the Soviet govt was more competent and less brutal.

Government dictating prices

Oh, so MAGA and Zion Don are now communists?

R&D costs a fuckton.
But, there is no reason what so ever for americans to pay such hilariously prices on medicine.

This isn't a "price control" retard, the Pharma Companies get to set their own prices. Either they raise prices overseas or they don't it is entirely up to them to make that decision.

Let's see if it sticks, based if true.

Americans don't pay the sticker price. Insurances pay fractions of it, but if YOU buy it, then there is a sticker price, as they can't quote different prices to insurances and consumers. The resolution of the problem may not look like what you think it will look like. They already "import" all drugs from Ireland lol

Universal coverage would change nothing really in fact it would be more fertile ground for price gouging.

Think of this way, whether your insurance pays for medical costs from premiums being collected or from people's taxes, how does it change the fact that every boomer who goes in with a heart condition needs treatments that cost $250,000 dollars?? You cannot make those numbers work no matter how you try to play with the numbers. Medical costs must come down that's the only way to make any of it work ultimately. This entire conversation about insurance has basically been a collective episode of an entire society on a wild goose chase.

Also I'm not against govt involvment. The government can help without putting everyone on the hook for some obsese nonemployed donkey's treatments btw. For example they could subsidize and lease expensive equipment to hospitals (like MRI machines etc.). Or they could audit prices charged to medical treatment facilities and then prices charged to insurers to make sure there was no gouging etc. But I do not want to turn health insurance into a god forsaken hybrid of EBT and the DMV.

Wont they just make romanians pay $1000 USD instead of lowering prices?

My unvaxxed cum is worth a lot more than that, btw

It is absolutely wild watching Republicans cheer for things like price controls that Dems have tried to implement for years when it was the Republicans blocking these policies all along. Kamala was a dumb bitch but one of her good policy suggestions was to curb corporate greed via exactly this method, and she was called an evil freedom hating marxist for it, but when Trump does it he's a champion of the people?

No shit they aren't actually Marxist, it's just a buzzword American Republicans use to describe any time the dems try to empower the government to protect the rights of its citizens against corporate greed.

Good
At least then everyone is getting ripped off equally instead of JUST Americans getting ripped off.

The only way this could be any better is if he finishes the press conference with this:

"Do not attempt to nullify this order. Do not test me. I have just pardoned Luigi Mangione. I have appointed him Director of Drug Prices. Fuck around and find out."

no price control

have to sell a drug in the US for the same price as Romania

clearly operational, advertisement, sales, etc costs are the same in Romania and the US

no price control, guys

I'm on the fence about this one.
Maybe they'll just stop developing drugs for rare diseases altogether if they can't milk them.

sounds to me like Pharma CEOs need the Luigi treatment ASAP

spotted the pharma shill kike

say hi to Luigi for me.

You do realize that the DMV, dept of Education, and EBT programs have been constantly gutted and undermined by Republican policies since the Reagan administration, and much of their dysfunction is literally by design, right? Half of the legislative branch actively hates those departments and wants them to fail, so they vote for budget cuts and oversight that sandbag their ability to function and do good for the American populace. Same with the Affordable Care Act, Republicans only agreed to vote for it after gutting half of the policies that would have solved tons of the problems we're facing today with our health care system.

cheaper to make and sell in Romania

Must match American prices

Romanian prices go up alot and American goes down slightly

Feels good to be subsidized by the rest of the world.

it is a retarded move. Basically it forces big pharma to redirect all drugs to the west. Poor countries will be unable to get any of these drugs.

See
It's price control , 100%. If you're selling bandaids in Uganda for X price, it doesn't mean the cost of putting that product in a consumer's hands will cost the same in the US.

Commie migger

Unironically based, fuck damn scammers! The problem with the global economy is the overwhelming amount of scammers and scam-artists!

If I have to choose between developing a cure for a disease affecting 0.000001% of the population and providing affordable medicines for 90% of the population, I'm already clear about what I'm going to choose. I feel sorry for the child born with a rare disease that left him without bone marrow, but I prefer cheap insulin and accessible cancer treatments.

Just sell the drug for rare diseases just in the US or at the same expensive price everywhere.

I have a pretty good guess at how they set prices for drugs. You see it with much lower international prices, because internationally, they actually get paid on time and in full. The US insurances pay cents on a dollar quoted, and it takes time to collect. Govt insurance pays least of all, so maybe they would pay $30 for $1K bill, others will pay more, average will be $80 over insurances. They average out those prices. And insurance premiums are very high, because it's like super expensive costco card. The whole thing has been a total shitshow post Obama. The fucker ruined housing too.

Why do you retards engage in such idiotic black and white thinking?

You pointed out that things are generally cheaper in Romania, therefore you're a pharma shill

Are you 12 or just stupid? This board is full of utter mongs.

Maoism works now I promise

Trumptards will actually defend this

cope and seethe pharma kike shill.
There is NO PRICE CONTROLS
If the Pharma companies wanted to raise the price of their product In Romania to $1001 then US customers would also be paying $1001

Hello MIGA comrades

We need the government to set the prices, maybe we can make gasoline $1 a gallon because gasoline costs $1 USD in UAE/Qatar

:^)

First of all, the government must earn people's trust enough to be given responsibilities for things like regulation. They are not entitled to it. When the people dont trust the government in general for good reason, it is much more palatable for them to see things like a crack down on things like drug prices from an executive who has generally rolled back regulation etc. They tend to not trust people to expand the size of the govt when the person is seen as an acolyte of the federal govt and will let the EPA regulate every rain bubble in the same breath they want to do something reasonable like regulate pharma.

Second- price controls CAN be very dangerous. Look at how the government's control of ag prices has essentially helped destroyed the small and middle sized farmer. Indeed, there is far less risk of controlling prices to the detriment of big pharma companies by comparison. It feels like a targeted use of government regulation rather than a blanket one which would have certainly come from someone like Kamala.

trying to rationalize 1000% markup cos muh advertising

Sick people buy the med cos theyre sick, they dont need a fucking advertisement, retard.

providing affordable medicines for 90% of the population

You can be born with a rare disease or stuff your face with sugar to the point of destroying your body. Sorry, but the fatso need to die, he asked for it.

Checked you commie bastard

Trumpism has gone so far to the right that it has completely turned around and is now left-wing.

Based

This is the inherent issue with the concept of healthcare as a purely for-profit system, rather than a program that exists for the good of the people. Don't forget that up until the Trump budget cuts, almost all research on those rare diseases was funded by federal grants, then those companies who used taxpayer dollars to develop said medicines would turn around and sell those cures to us at exorbitant rates even though they wouldn't have made it in the first place without taking our tax dollars to do it. If we can acknowledge government intervention and funding are needed to research and cure these diseases, why are pharma companies allowed to turn around and price gouge us for them?

he thinks that price has anything to do with the cost to produce

That's a 100x markup little guy.

If the Pharma companies wanted to raise the price of their product In Romania to $1001 then US customers would also be paying $1001

Checked but also I think big pharma is much more likely to do this than lower the costs for Americans. They're cartoonishly evil.

government telling you what price you can sell your products for in the US

not price control

the cost to ship tablets they literally weigh milligrams, is the same as shipping oil across the world

kys

They push approvals with "rare diseases". Then they use them off lable. The whole thing works not as advertised. The bottleneck is insurance. Without insurances, those prices would be 90%+ down and a lot fo gaming would stop. The broken piece of the puzzle are insurances. Instead Trump put a dem RFK in that will stop approvals lol. It's crazy how americans don't understand how their shithole of a country actually works.

Most this shit has generic alternatives. No one is dumb enough to pay american pharma prices. Pharma stocks took a dump on that announcement.

i get its all markup. again, i was just checking to see if it was some bullshit where the tax payer paid the gap. its not. very good.

make rivers straight

kill all sparrows

gas all mosquitoes

destroy own economy

always claim victory

Hey, an executive order that actually means something. Wonder how fast it'll get lobbied down.

Obama

Nigger have you been living under a rock

Those things SHOULD be gutted almost entirely. EBT should be completely defunded in particular.

You epitomize WHY it is more palatable when Republicans defund things (even the fucking neocons). On one hand you have a group of people who are generally in favor of deregulation and defending government programs (unless it is mikitary in the case of the neocons) and these people who are deciding in some case or another that expanded regulation is OK. It feels like an exception. On the other hand you have a group of people who seem to pathologically expand budgets regulation and authority of an already bloated and monstrous national government at the expense of the states to ridiculous levels- for example no single person on earth can even name all the agencies of the common government kek.

Wtf i love price fixing now

there is just shipping costs associated with products

Anyway, why should the US pay more than $1 for a gallon of gasoline, if other countries have it better?

It's time to make America great again, please set those prices Mr. President

>Obama

Nigger have you been living under a rock

King nigger closed the cash hospitals option to opt out of the grand system he enforced. Obama was the hammer to an already shitty system. And now you have people begging for the govt insurance.

Das rite

expand government in every circumstance- let the EPA regulate every rain puddle etc.

the government should do nothing there can be no government regulation whatsoever.

This is your mind when it OD's on undergrad pols 1101 dorm room political theory retardation.

The patent for insulin was discovered by people who sold it for $1 "for the benefit of humanity".

Insulin in America is $1000 because pharma companies hold a monopoly and have locked down the autoinjector patent. Every few years they'll alter a component to refresh the patent and keep it locked down.

This is a crime against everyone and a farce of the law.

Your a stupid piece of shit.
People DONT need advertisements if they are sick and need a drug. the doctor literally fucking prescribes it to them.

Big pharma run ads, for the SAME REASON Lockheed Martin run ads, so the Media dont shit on them and report the truth about their wars, or shitty drugs, because they loose billions in advertising revenue.

now promptly kill yourself.

I was joking. I belive all key industries should be nationalized

Sounds like an issue with patents. Now explain to me why we need the government to set prices?

Because one of the functions of congress is to regulate commerce.

I wish i had a button that would kill anyone that is against this.
After what they did during COVID how can anyone still defend big pharma?

MORE LUIGIS NEEDED

I dont believe a defacto national government is even a legitimate form of government in the case of the United States until duly passed constitutional amendments or a new convention is held.

There are cases when things (mostly) of an interstate nature are within the legitimate purview of the common government to regulate however.

Let me guess. This EO is designed to be deliberately illegal so it will flounder in court and achieve nothing except make Trump look like he's doing something, similar to Biden and his student loan forgiveness

So what, in your eyes should the government do nothing and simply let corporations run rampant while people starve and die from preventable diseases despite being the wealthiest nation in history? Despite the fact that we had a nearly 80% marginal tax rate on the ultra wealthy and the best eras of American history were fuelled by well funded government programs propping up the populace?

Trickle down simply doesn't work, and government spending done correctly is an *investment* with tangible returns. Our nation, as a whole, absolutely benefits from an educated populace. We've seen tons of studies that show students who go hungry in school and have no support systems due to poverty are far more likely to end up burdens on the system, whereas empowered and educated citizens go on to become productive tax payers who subsidize the generations before them. Allowing people to rot in abject poverty raises crime rates and destabilizes our society. It's not all that challenging to see the cause and effect here.

Shitskins rarely revolt. Why do you think they want to get rid of you in favor of them?

GREATEST PRESIDENT IN THE HISTORY OF THE UNITED STATES

nigger rambling and denial of reality

So according to your communist manifesto, drug making companies shouldn't advertise either?

Tell me more about how we need to fix prices, and tell companies how they can spend money for their product.

It's truly capitalism when the government tells you you can't increase a price even if it costs more to market/sell/move your product there.

Can we stop these incessant 2-3 minute long shit-ass pharma commercials now? Fuckin please? They are obnoxious and i feel like im watching a damned infomercial for something I nor anyone i fuckin know has.

R&D costs a fuckton.

yet the majority of pharmaceutical companies spend more on marketing than they do r&d
really activates the almonds

Does commerce regulation also lets the government tell private entities what they must sell their product for?

The commerce clause was explicitly intended to allow the common government to remove trade barriers between states to avoid a situation where the states were essentially imposing tariffs on each other. The expansion of this clause into a catch-all blank check to regulate all particulars of production, manufacture, and navigation of all products and commodities is and still is one of the chiefest most shameless material violations of the governing contract between the states.

No, actually, they shouldn't. Only in America, and apparently Mexico, is end-user advertisement of medications legal.

This practice is seen as strange and hostile in places like Europe. It is EXTREMELY predatory. Medications fresh out of trials, or medications period, don't need to artificially boost sales numbers. People do not need to be on meds unless they need to be on them.

drug making companies shouldn't advertise either

Correct. Big Pharma should NOT be allowed to advertise their drugs on TV, Radio, Magazines, Newspapers, etc.

The only place Big Pharma should be allowed to advertise is at Conventions, and forums specifically designed for the advertisement of new drugs and the development of new drugs.

This would INSTANTLY kill all of legacy media by the way and that's a good thing.

Honestly commercials for prescriptions just shouldn't be a thing.

communist

the thing most retards forget is the sticker price is the sucker price. Trump signing this just proves he's another useful idiot.

without legislation, there is no power he can invoke anyway.

Yeah. Especially if they're artificially charging 10x what they do in comparable markets.

This can be done to protect consumer interests, protect public health, protect ignorant or vulnerable people from predatory business tactics. Americans are getting scammed by bullshit legal tactics decade on decade to artificially inflate prices and gouge us.

This is the whole point of the law.

I mean I'd vote for a NatSoc party if we got one in the US that stood by actual socialism and actual nationalism in a heartbeat

that's not what will happen.
your prices will go up and other countries will suspend patent protection for drugs they critically need.
these rates are negotiated as much as your health insurance provider negotiates them.

sticker price is sucker price.

thus we arrive at my earlier conclusion, this is not an act of altruism, it's a calculated political move explicitly designed to get nothing done while giving Trump free positive press despite the EO inevitably being shot down in the courts, and his people are going to gobble it up and blame the Dems when it doesn't work.

Look at how mad the big pharma shills are.

TRUMP JUST CALLED THE TREATMENT OF WHITE SOUTH AFRICANS A "GENOCIDE"

So you're saying the government should be putting pharma CEOs in jail for selling drugs at a higher price in countries which have higher operational/etc, whilst not batting an eye when Trump does things like trump university, or rug pulls memecoins and manipulates the market using the presidency

Intersasting. Maybe we could take it to its logical conclusion and also ask the president to make gas, internet, and meat $1 in the interest of consumers to protect them from other countries who have a cheaper cost of living

Wow this is like a true panorama of every dorm-room tier argument, straw man, and melodramatic framing compiled into one post complete with even the most stereotypical vocabulary of the the phone-it-in tier partisan argumentation.

And no, there may be cases where government regulation may be legitimately within the purview of the federal government. However, even the most deluded of our populace can see that the government hase become bloated and ridiculous. Bureaucrats pathologically seek bigger budgets and more authority whether they need it or not and it has produced a monstrous and bloated hellscape from an administrative standpoint.

How did it get this way? Shameless whoring of tragedies and hard-luck stories to convince people to turn over more authority to this government. And does it ever actually help? No all it results in is me having to fill out 50 forms eith three different agencies to get nothing done and me having to finance the purchase of fat women buying crab legs and Little Debbies.

Your argument is a policy argument. The type of shameless shit peddled to get things passed. Of course there are always dozens of policy arguments one way or another. Instead it is more logical to look at the state of the government and its programs... are they effective? Are they efficient? Have they done what was promised in the past? Are they costly? Does their effect make up for the cost?

The answer to all of these questions is a manifest and laughable "no" and everyone knows it. So in this light you'd have to be fuller than a zeppelin on crack smoke to think these old well worn arguments for more programz would ever find fertile ground. You people should know when to stop when you are ahead you have already created a monstrous and frankly insane bureaucratic state that is a decades long process to even try to unwind and make sense of.

all politicians and people attracted to power are inherently evil yes

don't forget the latest: getting a free 747-8

can wait to see the shitlibs try to spin that one

I do not believe any of this.
Trump is a representative of the rich ruling capitalist class, not of the people.
All of this is a lie.
Do not fall for it.

DAMN!!

He took it too far with this one, big pharma is going to kill him! I've never seen a politician stand up to big CEOs like this!

He cut trade and military subsidies to Europe and now Healthcare subsidies too! Where is this going to end! He's a madman!

Seriously though the US govt has been trying to fix healthcare with more and more regulations when actually they need less. Nothing will ever work except a free market. Meds are cheaper in other countries because they just allow generics basically, and Trump can't change that. And since by definition, generics are not made by the same company that sells the brand name drug, this won't do shit.

Cope and seethe the Executive Order will be on Whitehouse.gov momentarily he just signed it

this baffled and enraged the NPC mind

you mean all he had to do was wait 3 months??

the capitalist class is not the ruling class, that's the whole point, that's why when a government sets policy like price fixing etc, they have to obey

The state should and.must never interfere with the free market.
This is communism.
Fuck Trump. He is turning America in a communist shit hole.

Giga based. I voted for this.

Fool. It happened because of his actions. Dumb ass.

DONALD TRUMP IS THE COMMON SENSE PRESIDENT!

Turns out that you can just do things!

God libertarians are retarded

The corporations are price gouging citizens, using their massive wealth to choke out any competition, and letting people die from preventable diseases, what should we do to fix it????

Hear me out, what if we gave them even LESS oversight, surely it's just REGULATIONS making the corporations act evil and prioritize investors over the customers they're supposed to be serving! Surely once big daddy government is out of the way, they'll finally be allowed to be as altruistic as they wish they could be! Not like they were putting sawdust and baby food until orgs like the FDA were founded to provide oversight!

time for normies to learn about actual cures

Government could help by doing things like financing and leasing these millions of dollar machines like MRI etc. to hospitals and stuff. They could also probably find a way to audit prices charged by medical facilities and then charged to insurers. This would all help. Interestingly these are the types of things NO ONE has suggested despite a multiple decades long fight on the issue as a chief political item.

The Dems seize on a legitimate issue only to shamelessly use it as an excuse to expand government authority into another major area of your life without ever addressing the fundamental problem. This is very typical of them. Meanwhile Republicans fight a rearguard against the dems' expansions of bureaucracy while putting forth no real solution the the fundamental problem. This is very typical of them. That's how we ended up arguing about insurance for 20 years without ever discussing medical costs.

It is the ruling class.
This is the thing. It is not only in communism, socialism states.

The Republican Party is dead, the Mitt Romneys of the world have fallen into irrelevancy
DONALD J. TRUMP is the party today

Nobody has to pay for it. Corporations just get to overcharge less.
Same reason nobody ever has to "pay" for tax cuts. The government just gets less money.

You have to be really naive and stupid to believe this.
In capitalism the most high is the profit.

The dems have brought up your first point repeatedly, only to be shot down. It was one of the provisions in the Affordable care act that got left on the cutting room floor in order to get Republican votes. It's so dumb to blame the dems when they haven't actually been allowed to put the policies they want in place, instead having to settle for half measures that leave us worse off than what we had in the first place.

holy shit this week Trump just keeps pissing jews off harder and harder. telling Satanyahu to fuck off, telling Israel we're not invading Iran for them, telling Big Pharma jews to stop gouging Americans..

You didn't read the fine print.

Joe Biden was President for 4 years. Why didn't he sign an EO like this? The only Presidential Candidate who wanted to do something like this was Bernie Sanders and this was the CORE of his campaign, he campaigned like 4 times saying he would do EXACTLY THIS.

I bet the prices in pharmacies will not go down.
It is a hoax to fool the masses that he is their president , not of the rich ruling capitalist class.
Mark my words.

the npc mind cannot comprehend that orange man good

then why do they obey price cuts? why do they follow regulations?

companies often go broke from laws. do you think they make those laws themselves?

I agree, but Donald Trump is simply a master of the long lost art of demogoguery and populism. Now the effects of this are expansive in general and have redefined the political landscape in a number of fundamental ways. And to be sure it has had some long term policy impacts on the party. However his main effect on the party is not policy oriented. He is eccentric from a policy standpoint- his policy is his whim and fancy. When he is gone there may be some lingering policies of his in the party but the neocons will reassert themsleves rest assured.

Anyways Trump is definitely a wild card on these issues. Even the redditors ITT complain that his positions dont adhere to the normal political dynamic on government regulation (youd think they would like it but yet they complain go figure). Anyways, the point of the post was really to explain HOW we discussed "Healthcare" for twenty years only to end up ignoring Healthcare and arguing about insurance for twenty years.

Joe Biden was President for 4 years. Why didn't he sign an EO like this?

Kamala and Joe did a number of initiatives to address this

What happened is:
1. Trump reversed them
2. Implemented his own
3. Did a lap run and claimed it as a win

So as usual it's just trump setting a fire to the house and touting himself as a hero when he puts out the fire

Nigger.

that means everyone worldwide will pay $500 for it now

He only did this because one of his billionaire donors complained. said ozempic was $88 in london while he pays $1300 for it in new york

Nobody.
There is no difference, there's just unchecked greed from BIG PHARMA.

Because up until Trump, it was widely accepted that EOs like this were a wild abuse of executive branch power and illegal, and he knew if he ever tried it, Republicans would be out for blood. He didn't have the audacity, Trump does. He also knows he could shoot an innocent man in broad daylight and his supporters would still find a way to absolve him, whereas Dems are more than happy to eat their own.

No they didn't
Joe Biden did not sign an EO that is remotely like the one Donald Trump signed today. Joe Biden did things like cap prices for a very specific list of common drugs for those on Medicare.

No President in the history of this nation has ever signed such an aggressive EO as the one Donald Trump did this morning. The only Presidential CANDIDATES who even talked about signing an EO like Trumps were Bernie Sanders and Andrew Yang.

they could audit, finance, regulate, investigate, etc etc all you want. for every conversation about the economy that people have, there's a different potential policy that seems like it would help with current problems. there's infinite ideas. but only one would work and it's LESS laws regulating it

i have looked it up and right now the state of US healthcare is a result of a bunch of laws and rules imposed on it, and they keep patching it up with more

the republicans can't solve the fundamental problem because they dont really undo anything. for example trump is creating tariffs to "solve" the trade deficit but wont cut public spending. creates this "based" "america first" policy for drug prices but wont just make the patent system more lenient

I just compared prices for some basic prescription meds between USA and Germany. I was surprised to see that US pharmaceuticals are like 10 times the price of Germany, and Germany certainly isn't the cheapest place for medicine prices.
Makes you wonder why on Earth they would milk Americans like that.

i hope one of his billionaire donors complain about GPU prices.

If the dems wanted to address medical costs then why tie it to insurance aka the ACA. Why? Because the goal was never to fix anything. The goal was to take a legitimate concern and use it to justify a shameless expansion of government bureaucracy. This is not even a secret it is what we have seen time and time again from them.

In the mind of the dems there is no point of doing anything to ease the price of medical costs if it cannot be directly tied to the government receiving dominion of a major major aspect of life aka your medical care.

WHY, in your tiny mind did the Dems big solution to the Healthcare issues in this country revolve around government insurance kek? What good is goverbment insurance if the medical costs are astronomical? It achieves nothing but expanding the bureaucracies' footprint- which was really the goal all along.

Isn’t this communism? Setting up prices?

cms.gov/newsroom/press-releases/commemorating-2nd-anniversary-biden-harris-lower-cost-prescription-drug-law

Nigger

no, im not a fat depressed retard that needs 8 pills and 3 shots every evening to keep functioning. if israel is nuked and we pull out of the ukraine than i will write him in for a third term, but otherwise he is a proven jewish stooge that deserves 0 support.

The answer is that Big Pharma bought off congress and every prior President.
Donald Trump is the first president in history to have the balls to stand up to Big Pharma. All it took was a signature this entire time, but no president had the balls to sign until now.

JudeoAmericans are about to become even more overmedicated cattle than they already are.

Unless this is a plot to undermine Chinese fent by making local drugs more affordable, like sniffing Ritalin.

Because he is not!
No one choses people's interests over the profit in capitalism. No one.

>R&D costs a fuckton.

Always the same bullshit excuses.
Every fucking time.
You know what else costs a fuckton?
You know what else costs MAGNITUDE more than R&D yet pharma companies are not mentioning that one for some reason.
Fucking MARKETING.
Shitload of advertisements and shitload of BRIBES to doctors prescribing the shit.

Oh to be this naive.

another bullshit EO that doesn't actually get enforced

wow it's nothing

No, in the end the people pay for it.
through either
a) taxes (medicare/medicaid), state insurance
b) insurance (premiums)
c) copay
d) full price because you're fucked

ALL that money comes from the people one way or another.

This helps lower the cost for all those involved.
Medicare and Medicaid insolvency year gets pushed back
Insurance prices can stagnate or go down (yeah we all know they'll just stagnate it for a few years.. still helps)
Pressure off state budgets because the drugs they're paying plummets in price
Throw out the illegals and you're really cooking

doesn't this make him a... socialist?
magabros he betrayed us...

We can have a policy discussion about whether some approach to lowering medical costs would work or not, however the point is that if we are going to address issues with the Healthcare system the only area of discussion is lowering prices.

However, what has actually happened for twenty years is a big discussion on whether or not a private company should try to finagle the numbers or the government should try to finagle the numbers. ACA and the decades long argument over it was always a pointless wild goose chase.

How many times do I need to repeat that the ACA was an incredibly hamstrung series of compromises, and the mess of a system that we have was the best thing we could get the Republicans (and corporate donors) to agree too?
We have a bipartisan legislature. The Dems are also sometimes far too beholden to the concept of compromise and good faith, trying to work across the aisle even when they hold a majority. If you look at Obama's original healthcare plan, it looked absolutely nothing like the mess we ended up with and would have saved the average American tons of money by now.

Trump aligns with Socialist Nationalism

Name one EU country that has suspended patent protection from US products.

This.... we're funding all those fucking pointless ads on shit networks keeping them afloat.
You want to get rid of MSNBC and CNN, cut this shit out.
Big reason why COVID was so fucking retarded, because the news networks were getting fucking bribed.

What you are saying is the good dairy tale.
In reality. Capitalists cease control of the state and create laws that benefit them, laws that serve their interests , laws that willnswxure them higher profits.
Technically capitalists become the hidden and true ruling class.
Although you still have facade democracy voting system , eight and so on.they are there only to make you harder the see the true rulers - the rich ruling capitalist class.
youtube.com/watch?v=yzqRLk3htek

R&D, which, mind you, was paid for with American Tax dollars in the form of research grants to corporations who turn around and extort American citizens for it while selling it overseas for a pittance.

Is it communism that makes prescription drugs cheaper (and sometimes OTC) in almost every other country?

its not that easy because prices are high for a reason and the discussion should be about the underlying problem

otherwise what is there to discuss? if we're going to go with commie logic, just pass a law with a price limit, and then a law that makes shortages illegal, a law making it illegal to close stores, etc.

Why is medicine even advertised? Nobody cares what insulin or cancer medicine they take as long as it works.

Look you fool- the entire point of what I have been telling you is that it is obvious for anyone with a brain to see that when medical costs are this astronomical it is pointless whether the Government tries to finagle the numbers (ACA) or private insurance tries to finagle the numbers.The entire concept of the legislation achieves nothing hut expanding bureaucratic footprint. And it is so obvious to see this that one can only rationally assume it was only intended to do exactly that- expand bureaucratic footprint.

You're like someone who goes to a car lot and the cars cost 100k. You say "this is too much" and the dealer says "well we get them for 90k this is the best we can do." Then your solution is to have a government run dealership and thinking that will somehow help when a fucking fool could see that nothing will change unless the cost of the car changes kek.

but but levin shekelstein cant buy his 3rd private jet and his own private island anymore this is communism

so you think the free market is good on paper but in practice the government becomes corrupted and can't be implemented as it is on paper?

How the hell would I know, that’s why I’m asking.

Even if R&D costs a lot, it's a fixed cost. You don't need to charge a bajillion dollars forever. And as Trump pointed out in his tweet, why doesn't any other country have to pay for these high R&D costs? Why just Americans? The R&D needed to produce insulin for example has been paid millionfold. They just want to exploit the sick.

I am open to any discussion of how to bring down the underlying prices.

However what I am not open to is a discussion on how the government and/or private insurers should finagle the numbers to deal with the high prices- which is exactly what congress and the politicians have done for over a decade now- ACA and universal coverage being a prime example.

namefagging

coom bait

canadian flag

the same if not even more RnD on new drugs are done in europe then the US most US rnd is finding derivatives that they can patent in the US and sell for a 10x markup

Or they just void the patent and make their own.

Dems are so pissed. They spent the last 4 yrs blaming Republicans for why they didn't do this earlier, then Trump just picks up a pen and magically makes it happen. Kek

they use spells to infect your mind with a virus

Yeah or it's just a flat out lie, like they'll change some bullshit detail on an inhaler for a new patent while it delivers the same drug.

But I thought you MAGA boomers were against socialism and trannies? I can't keep up with your changing principles anymore.

Either raise them in non US countries or lower them in the US. Lowering prices in the US means less profit. Raising prices in non US countries means more profit.

Work differently IRL right now.
There was a similar (but less extreme) problem within EU.
When company sells Drug A in rural Yuktobania for 0.5Euro/bottle, Germany and France also want it at that price.
They'd be suckers to pay more even if they can afford '1st world prices' while 3rd world shitholes like the country where I live can barely pay scraps.
Since we're too civilized to let people die without access to drug that cost 0.17 Euro to manufacture with R&D costs already paid in full, companies came up with secret contracts and pricing.
Governments stamped them, since it meant their own people won't murder them and cry about destroyed healthcare industry.
Basically we still get the drug for 0.5 Euro and 1st world gets it for 5.0 Euro, but since our pricing is secret, never advertised or publically available there's no way for 1st world countries to complain about unfair practices or demand lower prices.

Except in your scenario that car dealership is selling the exact same car in their branch a town over for $15,000 and you're being treated like a crazy person for suggesting that maybe, just maybe, if your tax dollars paid for the R&D of said car, maybe the dealership could take a small hit to their (record breaking year over year) profits and sell it to you at an affordable rate

wat. sauce.

MAGA is a Socialist Nationalism party

I don't trust Trump or his cabinet to be intelligent or knowledgeable enough to introduce something like this properly, so I'm guessing it's just retarded price control. Seems like a stock leftist policy: sounds great on paper that's supposed to unequivocally make people's lives better, but when you introduce it, its realities will result in a complete failure. Price control is one of such things. Get ready for medications shortages and empty shelves. Or big pharma says "fuck this" and relocates abroad, so that they don't have to deal with it. Or Trump will do one of his signature U-turns, after realizing that is in fact retarded. But hey, maybe I'll be pleasantly surprised. But given his track record, I seriously doubt it.

well i hate to tell you but, just like the discussion you're referring to, this is another example of not getting at the root of the problem

trump can say "we're getting ripped off! but that's over, china and europe will PAY!!" all he wants but just look at that drug that was 80k$ in the US and dirt cheap everywhere else. because everywhere else there was no patent and there was free competition of manufacturers. that's it.

lol this just means they're going to stop selling discounted prices to its cheapest markets, and dev funding is going to be cut drastically for drugs don't have massive addressable markets.

It's obviously bullshit, anon.
All Americans - espeically those of Trump's generation - consider it a great honour to be called a stupid goy by jews.

I got a (You) out of you. I win.

Just like whiggers love being called nigger by niggers.

Shill comments like this are hilarious. If Trump's EO was communistic, people like you would actually be cheering it and supporting him, because you're communists. But you aren't, because they aren't.

Seethe.
Americans will pay less for medicines.
Seethe.

more of a Crony-nationalist party. Trump is only allied to his own pockets and any benefits others around him receive as a result are purely coincidental.

Wrong. If we are to apply that example to the healthcare scenario it would be like the auto MANUFACTURER selling the car to a dealership in another town for a huge markup.

This issue is the price of the car from the manufacturer (or at least what they claim the price is). There is no amount of finagling the numbers, financing etc. O
on the insurance side of things to make up for the fact that every boomer racks up a 250k bill when they go in with heart trouble. How, in your tiny mind, would this ever get fixed just because the government started acting as a the dealer/insurer? The cost is still the fucking same kek.

either way this is a good thing for the average american maybe this can fix the crab bucket mentality that most americans have

crab bucket mentality that most americans have

This is a boomer mentality that's on the way out here.

He's just fucking pharma because they donated more money to Kamala than to him. If he wanted Libs to like him he'd stop funding Israel.

No

So perhaps, maybe, JUST MAYBE, cutting all regulations and quality controls for said manufacturer may not be the solution to affordability? It sounds an awful lot like you're proposing the same thing those dang ol' marxists are in favor of, curbing corporate abuse of power and influence, and ensuring that healthcare goes back to being a common good business rather than a purely profit driven one.

In my honest opinion the best way to address the cost issue is to ensure that the amounts charged to the insurers are somewhat logically related to the costs in other circumstances whether it be costs assessed on the uninsured or even in foreign countries.

Im not sure this has anything to do with China or tariffs and from what I can tell about this proposal they are trying to come up with some way to identify what the level of markup is. I think it is rational and sensible. Everyone understands that pharma companies charge an exorbitant amount through collusion with the insurers and the government as it stands. How do we stop this from happening- that is a perfectly rational way to address the fundamental issue here.

You are clearly not understanding what's happening at all. The prices for drugs/treatments, etc are elevated, because the insurances pay a fraction of a charged price. Say the doctors or pharma charges what they value their services at. The insurance company comes back with paying for 2% of the charge. You can't have real prices with this approach. The next time you will charge the sticker price that will be so high that insurance paying 2% meets your demands. This is what's happening. Those inflated drug prices are not what companies get. They get more or less what the drugs sell for internationally. The pricing mechanism is fubar. Nobody expects those prices to be paid, but they can't charge you real prices if you are paying, because insurance companies will demand the same prices, and will pay 2% of the price. See what's happening?

pretty sure biden started this scheme by buying key medication in bulk, either way its a win ill grant you that much

regulated prices

It didn't work very well in socialism but I guess americans know better.

The reality is, Europe will pay a bit more, America will pay a shit ton less, and overall BigPharma gets fucked.
If the price differential is 80 vs 1000, I'd say everyone will end up pay like 120 or some shit. Hopefully less.

Elizabeth Warren and Bernie should be thrilled. They'll still blame Trump

Kek. This dude doesn't understand what a markup is

created the first ever annual cap on out-of-pocket drug costs for people with Medicare

People with Medicare

No you, nigger. Trump's EO effects everyone, not just the people already leeching off of the federal teet.

nah the EU wont allow an increase in prices like that pharma still makes a profit in europe so i heavily doubt there will be any increases

Now this one is / looks precious...

The reality is this will get shot down in the courts, and like always, nothing will happen outside the media circus of the announcement.

Nah, are these drugs cheaper in other countries because they're all buying in bulk? No, they just don't allow the pharma companies to exploit/gauge.

Sir you know the Anon Babble rules.. MOAR Please

Marxism and any other political philosophy has always perpetuated itself by identifying legitimate issues and shamelessly using them to con people into an entire program of political ideology.

At best it is dorm room coffee table conversation- at worst it is shameless snake oil. Use your instinct on things, whether some literal-who professor wrote a book called "Adhere to my manifesto ($15.99 order now) and I will solve all the problems in the world" doesn't mean that there is some ownership of a whole array of governmental actions kek. When I hear this knee jerk correlation with this academic lingo and a political theory I know I am dealing with a fanatic or propagandist.

It is sad that you people do this, because most people rightly look at Marxism with disgust for what it has caused in the world. And in some odd case or another when some non-marxist wants to regulate a thing you cry "look look marxism". Ironically you make it less likely for things to be regulated by tying it to this college campus political ideology.

My post about free market was a bait for the right wing neoliberals here.
Free market is the dictatorship of the rich ruling capitalist class.

Notice how the media didn’t give a FUCK about the EO? Lol!!

that's great and in fact im sure they have good intentions too, it just wont solve the real problem

When a natural disaster hits it is illegal in all 50 states for a gas station to increase their prices by outrageous amounts just because they know they can get you to pay due to the disaster.

When a person has a severe illness and needs surgery and medication it should also be illegal to charge that person 100x the price of another country for the same drugs just because they know the American can pay.

ok so? what's your answer to that question?

Yeah no. I get what you are saying but it isn't 2%
It's still a fuckton. They may get it adjusted, but they try to get as most as possible.

I saw all the charges and what they paid for with my dad for years.
It ain't no 2%. 20-60% for hospitals, drugs, etc.
$1000 bill becomes 250-350. Saw it all the time. Sometimes it wasn't cut that much.

I know exactly what you're talking about. I'm sure they also have quotas, where they pay more, and then less once they're met, different for different types. So less if on Medicaid, etc.

Insulin is still $25 a bottle at Walmart

75% of pharmaceutical profit comes from consumers

holy shit kek

based. i been asking for government price fixing for decades

No way for them to spin it. The public overwhelming hates health insurance and pharmaceutical companies (just look at the sympathy Luigi is getting) so they have to try and ignore it. Trump not only is lower the prices, he explicitly called out the pharma companies as greedy.

leftists bitch about how medication is unaffordable

Trump pushes an EO through to reduce drug costs

now leftists are saying high drug prices are good

For the full year 2024, your statement is incorrect for Roche, Merck, Bristol Myers Squibb, Eli Lilly
It's most likely incorrect for Pfizer, AbbVie, AstraZeneca, Novartis and Sanofi (they don't separate sales & marketing from their corporate G&A expense in their P&L)
It's incorrect of JNJ if you include if you include acquisitions

Those were the 10 largest pharma companies by revenue last year. None of that suggests that they don't have outrageous marketing budgets, but if you are just going to make shit up, then it threatens the credibiilty of more informed arguments.

It's funny how you guys can't admit that you support socialist policies but yet you will blame everything you don't like on socialism instead of the real reason and that is jews.

WHO PAYS THE DIFFERENCE?

Here is the great secret of (((pharma)))

THE DIFFERENCE IS MADE THE FUCK UP
IT COSTS FOUR DOLLARS
FOUR
FUCKING
DOLLARS
TO PRODUCE ONE VIAL OF INSULIN

YOU ARE PAYING >>>JEWS<<< A $996 DIFFERENCE.

I FUCKING REPEAT

IT COSTS FOUR DOLLARS
FOUR
FUCKING
DOLLARS
TO PRODUCE ONE VIAL OF INSULIN

YOU ARE PAYING >>>JEWS<<< A $996 DIFFERENCE.

half of those companies are in full layoff mode (good)

im pro price fixing and anti capitalist companies

This entire headline is bait for marxists. Instead of welcoming some price controls in some area or another where the large majority of the population agrees there is an issue... they bash the other side with purity spiraling about political manifestos.

Any person who honestly felt that these sort of regulatory actions were good would at least welcome them from Trump. What it reveals is that the Marxist has no intention of solving a problem- that would only remove the problem as a tool to promote their larger ideological program. It clearly has more to do with some form of trump derangment syndrome or more generalized ideological program beyond actually using price controls. No it is a revolutionary push to adopt a manifesto and new society complete with the textbook radical dorm room language about "the corporashuns man."

The Marxist fears a non-marxist using regulation in limited cases, because their goal is not to regulate- their goal is to bring in a radical revolutionary and fundamental change to society. They did the same with their hatred of Trump's tariffs. It revealed them as hating Trump and his supporters more than they liked their own economic philosophies.

please show me a single instance of a leftist saying high drug prices are good. The overwhelming response on the left is "what's his ulterior motive" or "I hate the guy but this is still a good thing" but not even the most retarded of leftists on reddit are saying they *want* higher prices

P
Won't change anything because there is an obvious loophole. Pharma companies will just spin off foreign subsidiaries. It won't be Pfizer selling $80 insulin in Romania. It will be Pfizer-Euro selling Insulin-Euro for $80 in Romania.

you're wrong, retard. see (). if you don't believe me, go look at their annual reports that are easy to locate in their investor relations websites. Then go to the income statement/P&L and the cash flow statement for proofs.

R&D

INSULIN

IT WAS PAID FOR LAST FUCKING CENTURY YOU KEK GO REPLACE YOURSELF WITH A SOMALI YOU FUCKING IKEA MEATBALL FAGLORD

It's literally pennies on the dollar. The whole thing is comical. They don't even pay the same % for the same thing by the same insurers. A lot of times it's pennies on the dollar. When you are facing pricing like that, with uncertainty like that, it's very easy to justify literally any charge, which is what these people do. They don't really expect those bills paid anywhere near in full, and govt insurances are the worse offenders. That's why a lot of doctors don't take those medicaid & medicare insurances. If you do, you have to overcharge to meet your pricing point. It's a shitshow. And the focal point of this is insurance companies.

They charge $500 for a blood test the insurance pays $30 for. That's a run of the mill thing. Some stuff gets low single digits discounts.

Based if true. Now just outlaw any duel citizen from owning any property or investments within the US and bane them from all positions in the government.

My expectation is that a lot of countries are going to start going "American pharma patents are no longer valid"

I get you, there are a few things that ARE pennies, but it's generally generics for very common drugs. They over price to 125 or whatever and give it to you for $2 or whatever.
There is THAT. I forgot to add that. Plus it's also with everything else, doctors, specialists, equipment, etc.
It's not just drugs that pull this shit.

The guy who discovered it LITERALLY GAVE IT AWAY
How is there a patent on insulin?

this^^^

When I had my hip done with "Cadillac" Union coverage the total paid to doctor, hospital, "device" etc was just over $6,000. Union takes over $22,000 per year, every year, just for Health, Dental, Vision. Dental maxxes out at $2500/yr payments to dentists.

Ask doc what they charge for no coverage and it was over $60K. I ask "WTF if someone wants to pay up front, so you wont be stiffed on the Bill?" and they say "yeah, that is required for people without 'coverage'"

$60,000+ IS their "cash up front" price.

my ques is WTF with these guys?
med-sharing.org/?AdGroup=Medishare - Exact&AdGroupId=1295224991571712&AdId=80951624485356&Campaign=ms_se_med-sharing.org_all_digital-paid-desktop&CampaignId=412263857&Network=s&campaignid=412263857&creative=Medishare - Exact&device=cc&devicemodel=&identifiers=kwd-80951718552586:loc-4084&keyword=medishare christian health insurance&loc_interest_ms=&loc_physical_ms=88155&matchtype=e&network=sg&targetid=kwd-80951718552586:loc-4084&gc_id=412263857&ad_id=Medishare - Exact&utm_source=bing&utm_medium=cpc&utm_campaign=ms_se_med-sharing.org_all_digital-paid-desktop&utm_term=medi-share&utm_content=Medishare - Exact

AFAIK you are supposed to pay 'cash' then they reimburse you some of it. These guys are supposed to be quite legit, but WTF if the "cash" price is 10X normal?

I did try to ask them "WTF wit dat?" but they didn't really answer, like they didn't recognize that as an issue.

why don't you ask the thiefs about their crime

Fuck off pharma shill retard.
msfaccess.org/pfizer-attempts-mislead-public-over-research-and-development-facts-tube-ads

Once again, if Trump's EO was socialistic, leftists would be supporting it because they are socialists. It they aren't supporting it, because it isn't socialistic.

Corporations themselves only exist through government legal fictions. They represent a transfer of power from the people to the state and those it elects. In other words, socialism. Diminishing that power (as Trump's EO does) is exactly the opposite of socialism, which again is why leftists like you oppose it.

Trying for some rhetorical chicanery like trying to equate the "rights" of corporations to the rights of individuals is just perpetuating the lie that "corporations are people too". They aren't; they're extensions of the state.

technically they patented the delivery devices used to inject the insulin, then lobbied for any alternative delivery systems to be banned

The scam is that insulin is "cheap" but the injection system that is used to administer the insulin is "patented" and they get around the patents expiring by just changing a single spring mechanism or something like that.

Most people who have diabetes do not want to use a syringe and inject the insulin themselves because they are afraid they will give themselves too much or too little or they are afraid of needles, etc. so they almost all use an injection system of some kind.

The machine.
There's all sorts of fuck ton ways of things with patents.
Like you build a machine, well shlomo builds it with the doohickey sideways, gets around it.
So you have to patent it each way
$$$$ for gov

So the same ickiness can come with various machines to produce shit or deliver shit.
The patents have a shelf life
So they then shift the doohickey a different way, voila, another 17 or whatever years it is now of monopoly.

In case it isn't obvious, its set up that way by insurance companies to create an artificial monopoly on medical treatment where you simply can't get it if you're uninsured.

That's pretty dam retarded
Surely minor changes to the devices used would fall under "not sufficiently novel"
Or is the USAs standard "novel" very low relative to everyone else?

That's been the problem all along. Other countries would laugh at our absurd medication prices while they were essentially subsidized by U.S. patients. Now, either we see the lowest prices here or pharmaceuticals rise in price worldwide. Either way, the subsidization is over; though I suspect we'll see the latter, which will not go over well with the rest of the world.

I don't know if it's banned
Likely it has to be 'approved' for use
Then they bribe the officials to not approve anything else

Right, but what do you think happens to prices of goods and services when there is no clear price and no clear timeline to get paid? Because this is what happens when you deal with insurers. Imagine you run a store where you don't know what a third party will pay for the basket of goods your customers buy. And customers only pay with the third party monopoly money. This is a recipe for a disaster, and we have this disaster play out now.

It wouldn't be this way if we had an actual functioning democracy instead of the "free market" corpo-oligarchy we live in today. But as it stands, if a multi-billion dollar corporation finds any law or regulation inconvenient enough, they'll just bribe politicians through donations until the law just happens to change and align better with their interests.

Just ignore the damn watermark, couldn’t find one without it

USA was never a democracy and hopefully never will be.

Patent and Copyrights have been broken for nearly a century now but it really started becoming absurd in the 90s when Disney lobbied heavily to change Copyright law and then shortly after the Tech Industry in California completely obliterated patent law so that they could patent their software which was built on top of software which was built on top of software. The whole system is a complete mess and in desperate need of overhaul.

youtu.be/BaTTMvE39-k

The issue with that being, that nobody in other countries will pay those prices (in part due to government run healthcare).
The cost is also $2 a pill here in the US, they just charge $30 per pill because of how the insurance industry obfuscates everything.
The real likelyhood is that prices will go up slightly everywhere outside the US, and the US will lower prices greatly.

The real winners in all of this is the insurance companies and hospitals that will still charge the same premiums while paying out far less for meds.

Far from Disney being the only one look at Harmony Gold who just reupped license for 4 more decades which includes ALL Warhammer media, ALL battletech|mechwarrior, All Robotech|Macross, among others and they're as sue happy as Nintendo

The Mickey Mouse Protection Act was definitely the turning point.

As I recall didn't Harmony Gold lose a lot of those?
I know they lost Warhammer and Macross was taken away from them.

I believe so.. But I know they still had some because of PGI-Mechwarrior online and MW5. >-< Unfortunately good luck finding someone to fix that

Robotech has been so mismanaged
But Steamboat Willy is now free, so hopefully we're at a turning point and we can stop this bs extending and extending

having basic knowledge of the topic at hand makes you a "shill" to angry retards

I'm not talking about Youtube ads for dumb people. I'm talking about a specific claim that you made which is incorrect unless you're saying that the whole auditing industry is also fraudulent. Which is a much larger claim about which you are also likely completely uninformed.

the US will lower prices greatly.

I kinda doubt that. Too many loopholes around and med companies are the most proficient in abusing those

Robotech was just cut and pasted footage from a number of different series with an original english script.

the total paid to doctor, hospital, "device" etc was just over $6,000

post bill. there's 0% chance this is true.

Sadly before I actually lived in Japan I got the knockoffs granted still same charecters but still. :/ an even when I lived there I was 6 till 10, then 14-18. So couldn't get enough money to buy stuffs usually

Nothing ever happens

youtube.com/shorts/Wk3Q1C60HQk?feature=share

Wont happen because they genuinely can't.
In my country we specifically have laws which regulate and limit the price of medicine and drugs. And the law specifically exists so faggot corpos like in the US can't fuck the end consumer in the ass.

It did still give us Milla though.. Big, strong aaaaand made for snusnu, max is lucky.

JFK 2 whan?

What’s keeping drug companies from making a “new revolutionary formula” just for america while selling the old one to the rest of the world at the cheaper price?

they should already be aware of this as corpas already do that to keep their patents alive forever

diabetes is rare

Not in the USA, with something silly like 11% of population having it.

I doubt there is anything they can do to close this loophole. They may require a study to prove that a formula is actually good enough to have its own pricing, but that will need a lot of bureaucracy and work that I doubt it will be feasible.

Almost all generic drugs are made in India and China by the likes of Aurobindo and Sinopharm, who can get by just fine with only the domestic and European markets. All this will achieve is raise drug prices for Americans by taking the cheapest drugs off the market.

Where's your small government now magatards?

There are a lot of loopholes that can be used to bypass it. I doubt an EO can patch all of them. they need alot of regulations to effectively enforce it.

Who cares?

Actually corporations like pharmaceutical companies can only operate they way they do (state enforced patent monopolies, etc.) because of big government. Directly scaling that power back (no more price gouging) is the kind of policy smaller governments would enact.

Again if Trump's EO were "socialistic", "communistic", or "big government" leftists would be cheering it. Instead they're pissed, like you.

Zero Republicans voted for ACA. That was the last based thing they did.

biden attempts to lower drug prices

maga screams SOCIALISM LET THE MARKETS WORK

trump attempts to lower drug prices

MAGA HECKIN BASED BEST PUSA OFF ALL TIME

you guys are fucking pathetic

regulation in limited cases,

Only keeps the cancer - capitalism alive.
When things get really bad, we will fool the masses with some tiny regulations here and there to keep the capitalism going. Until then things get really bad again.
Regulation hwew and there only fightsnthe syndrome, it does not cure the disease , the CAPITALISM.

their goal is not to regulate- their goal is to bring in a radical revolutionary and fundamental change to society

Yes. You remove the cancer and heal the organism.

You can not have a system where the highest goal in humannlidw is the make higher and higher profit.
The meaning of life to be greed.
This is more than absurd and irrational. Not to make life better for all , but to simply get richer.
And at the end the rich also die.

Probably, but as it stands the United States needs overseas pharmaceutical companies for generics and not the other way around.

American companies are the ones price-gauging because they can never produce the volumes necessary to make generics profitable, and they won't give up the insane profits in the United States just because they will lose market share abroad. Losing access to cheap generics will cripple the United States.

Nobody believes Biden doing anything lets be real here he wasn't in charge so that whole sentence is meme

listen to yourself you are still crying about biden

you're really confused bud

Mark my words, migatards will cry harder when Biden kicks the bucket than his own family.

When did the Biden try to regulate the price of pharmaceutical drugs?

Don't get me wrong I dislike him and his whole family outside of Ashley, Beau and the two that passed in that car accident but Jesus told us, actually commanded to love your enemy, pray for ones who persecute you, do good to those who hate you and to bless those who curse you.

I would be a fool indeed to think a literal-who academic had found the veritable silver-bullet for all societies ills kek.

What's next you have a miracle potion that will cure all ailments? Only college students in dorm rooms or illiterate newly freed serfs would be stupid enough to fall for this.

It’s all reactionary cognitive dissonance bullshit from the mouth of wingcuck retards. Some redditors believe Trump is a Bush-tier neocon because he was the previous republican president and his party didn’t like price controls therefore drumpf shouldn’t either. Others think he is LITERALLY a natsoc hitler and that him signing any EO is LITERALLY fascism no matter what it says. The thinking doesn’t go much more than one layer deep and it doesn’t need to when the end goal is simply to justify saying orange man bad.

that's smart, not retarded. maybe they can have their drugs if they sign a trade and minerals agreement

Nobody likes Biden.

This anon gets it!
LEVERAGE!
MAXIMUM LEVERAGE!
The US will no longer be the worlds bitch! If you want a piece of Americas greatness then you need to offer something in return! DEALS! That's what they are called. It was a one way street and now it is a TWO WAY street.

Trump is a Kennedy Democrat you nonce.

<(^-^)> fren I hope all of our countries can get better.

The US will no longer be the worlds bitch!

You became the world's bitch by your own doing by letting your own glowies and homegrown mega-corps run rampant and fuck you all in the ass.

NO LONGER
America is entering its GOLDEN AGE

this is literally socialism, retard

it's been coincidence that Trump wants America to do well.

it's a coincidence that trump does well when America does well

This is your brain on TDS

You are literally a paid pharma shill
Your talking points are 25 years out of date
nobody gives a shit about your labels all Americans want is fairness and to pay the same price for their prescriptions as anyone else in the world.

We need to have a National Lab-type system for Health and Human Services like the DoE has, except they do medical research and critical drug production instead of doing R & D for nuclear weapons.

t. nintendo uncle

kek foreigners are so fucking mad
they will pay up

Nobody because the price of these products has been grosly inflated for decades. There is no difference, only some kike won't be able to afford a seventh yacht, so sad, too bad.

yup

enough of taking advantage of americans, its america first now. i am afraid we will pay up. i just got an automated SMS from the trump administration that they will cut my benefits and that now i will have to pay them instead. damn!! he got us

The big pharma CEOs, hopefully.

seething
your prices will increase
that's all there is to you

Maybe they'll just stop developing drugs

Some good drugs will never make it to market... but neither will lots of bad ones.
Sadly, gutting that industry will likely increase longevity and quality of life on balance.

Yes, market competition driving down prices is very socialist, unlike having a state enforced near monopoly. Go fuck yourself.

We resell it back to you. We just steal the tax a d make profit

Humans are scum. You all feed off your own kind. It's despicable. You all deserve death if you behave like this.

Ya mon, all drugs should be free

Then everyone can be Irie

At least we won't be subsidizing other peoples' medications any more.

We pay this via our taxes. You are not paying for this. It is absolutely amazing the MAGA narrative that is being pumped out to you mouth breathers so you feel better as your country collapses under the weight of the jew

that is his whole point.

American company develops new drug.

Sells it to Americans for $800/ month for the duration of the patent.

Same company sells it in India for for $50.

They either lower the price in America (they wont because it affects their valuation, meaning stock price) or they lower prices in America while raising them abroad.

It's not big pharma raising prices in America. It's all the middlemen in between. If anything, it is big insurance.

either way i doubt they can raise prices substantially in other countries. Europe has price controls and third world countries will not be able to afford it if if prices go up.
Either way i think if this goes into effect pharma companies are going to lose lots of revenue and profit.
Short them.

USA buys 3,77 billion dollars from România and sells only 1,35 bilions.
We basically steal 2 bilions from America, each year.
You should lower the spending in our country. All those electtical and auto parts that are ansambled here for foreign companies that takes back their money anyway should be moved to America.