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[Unknown Soldier]

While I realize the orthodoxy here is Trump is pure evil, I will now commit heresy and post something Trump said which is actually good for everybody.

https://www.washingtonpost.com/news...dont-like-what-has-happened-with-drug-prices/

Biotech and pharmaceutical stocks rose after the election, reflecting investor optimism that a Trump presidency would mean less focus on drug prices. Not so fast, president-elect Trump said in his interview for Time 'Person of the Year.'

“I’m going to bring down drug prices,” Trump told Time in an interview in his dining room after the election. “I don’t like what has happened with drug prices.”

But Adam Fein, president of Pembroke Consulting, a firm focused on pharmaceutical economics, said that what Trump may be doing is sending a signal to the industry.

“Historically, a lot of manufacturers have increased the prices of their products at the beginning of the year,” Fein said. “I think that president-elect Trump is trying to send a message to sort of encourage manufacturers to not take their usual price increases. . . . He may be trying to use his bully pulpit to signal, 'you should change the system' -- without necessarily saying how he’s going to change the system, or what should be done.”

Some pharmaceutical executives, believing that the drug price debate isn't likely to recede, have pressed the industry to get in front of the issue to avoid government intervention. Brent Saunders, chief executive of Allergan, wrote a blog post in September vowing to limit drug prices to single-digit percentage price hikes, once a year. Danish diabetes giant Novo Nordisk followed suit with a similar pledge last week.

Let's see what actually happens, but the US is the only industrialized nation with absolutely no price controls on prescription medications whatsoever and as a result Americans pay dramatically higher prices for drugs and have for decades. Many people believe this essentially causes Americans to subsidize medications for the rest of the world. High drug pricing balloons the cost of health care in the country compared to other nations, especially for life-saving specialty medications such as insulin, the cost of which has severely harmed diabetics who depend on it to be alive.

 

[VendettaRed07]

Too bad he'll only make them worse

 

[Pyrokai]

Too bad he'll only make them worse

yup

 

[Ogodei]

"It's that damned pesky FDA."

 

[Linkstrikesback]

No one could disagree with this really.

I very much doubt he'll actually bring them down though.

 

[RPGCrazied]

Too bad he'll only make them worse

Yeah, I so can't wait to pay $100 for a bottle of Advil! /s

 

[TheCochese]

"I haven't figured out how to get in on the profits."

 

[Amory]

Well, I work for a drug company and our stock is up 10% since Trump got elected

so the market apparently doesn't believe him

 

[Shaanyboi]

Too bad he'll only make them worse

.

 

[Plasticine]

Too bad he'll only make them worse

.

 

[SocksAndShoes]

I assume the rest of the quote is ..."corrupt politicians keep trying to lower them and hurt American businesses!"?

 

[old manatee]

He'll probably lower taxes for the drug companies so that the savings can trickle down to us plebs.

 

[Frank the Great]

Why do people keep reading into comments like this. He is not a thoughtful man, he just says whatever is in his mind at the time, and has zero interest in actual policy.

He is not going to institute price controls on drugs. Even if he wanted to, the Republican party wouldn't let him.

 

[BocoDragon]

Lol. And Martin Skrelli streamed his exclusive Wu-tang album in celebration of Trump's win.

 

[Mr. Poolman]

Maybe he is talking about cocaine.

 

[Imperfected]

"Limit themselves to single-digit percentage hikes, once a year."

Wow, such temperance. Try not to put yourself out by only tripling or quadrupling the rate of inflation, there, guys.

 

[-Plasma Reus-]

All this means is that they havent approached him with some cash or something else.

 

[hydrophilic attack]

trump will say anything

the true test is the outcome of his policies which will likely be grim

 

[A Fish Aficionado]

More opioids for everyone!

 

[Ac30]

Member when they interviewed him and his stance of climate channel was changing

Member

 

[ElectricBlanketFire]

Dr. Trump could always cut out vaccines entirely to save some dough:

 

[DontBeThatGuy]

Dr. Trump could always cut out vaccines entirely to save some dough:

You know, it's kind of amazing his anti-vaxxer bullshit only got play ONCE during one Primary debate.

 

[FyreWulff]

pick and choose regulation by the pick and choose president

 

[BocoDragon]

Dr. Trump could always cut out vaccines entirely:

I didn't know Trump was anti-vaxx but consider me unsurprised.

 

[smokeymicpot]

Dr. Trump could always cut out vaccines entirely to save some dough:

I love how there is always a counter tweet for what he says.

 

[Barzul]

Why should I believe Trump on anything? The only thing he's been consistent on is being inconsistent.

 

[Foffy]

Trump can call it bad, but will very likely do something to expand on the badness, first and foremost.

He, of all people, is going to reign in a for-profit cartel?

 

[Fenderputty]

While I realize the orthodoxy here is Trump is pure evil, I will now commit heresy and post something Trump said which is actually good for everybody.
.

Especially those people he's about to have kicked off of Obamacare. I'm sure he'll tackle drug prices with his replacement that will also magically let people with preexisting conditions keep insurance while no mandate exists.


I seriously can't roll my eyes hard enough

 

[Aaronology]

You know, it's kind of amazing his anti-vaxxer bullshit only got play ONCE during one Primary debate.

It would not have mattered even if it had been more prominently covered. Too many economically anxious Americans.

 

[HStallion]

Trump when he meets with big pharma people: I really like what has happened with drug prices

 

[JordanN]

"As president, I'm rolling out my own brand of medicine. Trump Drugs! Believe me people, these are the best drugs you'll ever use! Ask People Magazine, they reccommend my drugs!"

 

[Zaraki_Kenpachi]

Lol, that garbage OP doe... Yes, it's heresy to not blindly criticize Trump for everything Hurr Hurr Hurr! So witty!

He still has to do something though and ask his policies have been started to be things that will only raise costs so please do explain things to the ignorant people of GAF.

This is even more hilarious after the US commerce secretary sent a letter to Japan said he was disappointed in them cutting drug costs.

 

[Jonnax]

I guess he'll appoint the CEO of a pharma company to sort this mess out!

 

[iammeiam]

Donald Trump Says Thing That Will Go Over Well With Guy He Is Talking To, Is Totally Sincere For Reals


I for one am shocked and totally believe this will lead to substantial good things. Like when he told reporters he was rethinking his stance on climate change and met with Gore. That's totally working out for the EPA.

 

[DeadTrees]

"He may be trying to use his bully pulpit"

Trump: ga ga ga go poo poo FARRRT

CNN: THE LATEST TRUMP TWEET: Is he signalling a change in federal maternity leave policy? Let's discuss this with a bunch of political has-beens for the next six hours.

 

[Vicetrailia]

Donald Trump Says Thing That Will Go Over Well With Guy He Is Talking To, Is Totally Sincere For Reals


I for one am shocked and totally believe this will lead to substantial good things. Like when he told reporters he was rethinking his stance on climate change and met with Gore. That's totally working out for the EPA.

Exactly. Trump will tell the particular audience whatever they want to hear. But he can't hide his actual actions.

 

[dave is ok]

I sincerely wish him the best of luck.

 

[Skatterd]

All while deconstructing Obamacare?

 

[InfiniteBento]

Dr. Trump could always cut out vaccines entirely to save some dough:

Wooooooooow

 

[efyu_lemonardo]

Dr. Trump could always cut out vaccines entirely to save some dough:

I feel like I'll be saying these words a lot over the next few years: "fuck you, America"

 

[Iksenpets]

The most Trump will ever do to control drug prices is tweet angrily at a random drug company when it raises a price to see if he can hurt its stock price. Same way his solution to job losses is just to publicly strong arm random companies. He'll take credit for saving a handful of jobs or lowering one drug price without doing anything about any of the broader issues and his voters will eat it up.

 

[-shadow-]

Dr. Trump could always cut out vaccines entirely to save some dough:

 

[yanipheonu]

Trump's words mean literally nothing to me.

 

[Jenov]

"It's that damned pesky FDA."

Haha exactly. Now THAT will lower drug prices, remove all those silly rules. Get them drugs straight to market!

 

[Deleted member 1235]

I don't like things I'm going to make things better!

how?

....

 

[TheOMan]

Dr. Trump could always cut out vaccines entirely to save some dough:

LOL, I had no idea he was an anti-vaxxer. Should have known.

 

[radios shipping overview]

He must think he's paying too much for his statin pills.

 

[ElectricBlanketFire]

I feel like I'll be saying these words a lot over the next few years: "fuck you, America"

Hey, I voted for Clinton and my two kids are pumped full of vaccines.

 

[efyu_lemonardo]

Hey, I voted for Clinton and my two kids are pumped full of vaccines.

I know, its not that I actually hate every American citizen. Rather I find it increasingly difficult to contain my desperation.

 

[Steel]

Name a presidential candidate that has liked what has happened with drug prices?