And THAT is the heart of the problem. Not that we pay "too much", but that the rest of the world doesn't pay their fair share.
Paying your "fair share" used to be a big deal for the leftists.
Posted on 05/12/2025 8:47:48 PM PDT by RandFan
Did he make that statement from his Custom Mercedis golf cart, on the back nine of his private golf course? Just asking.
lol
Costs a lot of money to bring mass murder to your home town.
I think you have to look at their profit margins.
Why not eliminate the overly burdensome regulations? Because they keep out the small guys and eliminate the competition.
Peter Schiff.
When you have a negative bias (and Schiff is a yuuge bear), you will see problems everywhere you look.
Schiff must be long Pfizer and Merck.
Don’t forget the 1:1 big pharma lobbyists to congress critter ratio. In some cases it’s 3:1 shelling out vacations, dinners, gifts, promises of board seats and employment post grifting, I mean post their term in congress. Basically WE are paying the bribes that big pharma uses to get crazy high prices. Maybe if new drugs weren’t so profitable we wouldn’t get all these new disorders that need a new drug to treat them.
most Americans have no concept of what it costs in $ and years to develop a drug: they only relate to the price paid. DJT is right in making countries who avail themselves of our drugs share in early development costs. we have been underwriting socialized medicine in other countries for decades.
This is exactly the same argument used by the pharmaceutical company I worked for many many years ago. The problem with drugs is that they are used by a captive audience. You go to the grocers or you buy a car, etc., and there is competition, regardless of product. You need a drug and there is for years to come little to no competition, so you pay the company’s price. And don’t they know it!
“Peter Schiff defends Pharma: “It costs a lot of money to bring a prescription drug to market””
and it costs WAY more for the tens of billions spent on TV ads and bribes to Congress ...
Don’t forget the bribes and payoffs to the government FDA. I hear is now a feature, not a bug.
It costs far, far more to subsidize the rest of the planet’s cheaper, cost-controlled meds.
But he left that part out, didn’t he...
Considering the vast majority of big pharma drugs are developed for fake made up diseases I don’t give a shxt what happens to big pharma.
Bullshit. Every modern nation except America has prices a fraction of ours. Trump is right. Sell it to us at the sands price of Canada or forgo the US market.
“Trump doesn’t think this is fair.”
Earth to Schiff, it isn’t fair. And it is President Trump or Mister Trump or Citizen Trump... not just Trump.
“it costs WAY more for the tens of billions spent on TV ads and bribes to Congress ...”
So true.
When the mouthy pols start making these kinds of statements they self identify as recipients of bribes.
And THAT is the heart of the problem. Not that we pay "too much", but that the rest of the world doesn't pay their fair share.
Paying your "fair share" used to be a big deal for the leftists.
your doctor takes First Do No Harm seriously
....somehow pharma has a lot of cash sloshing around to bribe congresscritters and support fakenews by paying high fees to run commercials on news shows that few people watch....
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.