I love this guy.
Forget drugs, I want an executive order telling the mililtary to start taking out these domestic enemies currently at war with the USA. Now they are blinding cops with lasers, impaling cops with spikes, bashing their heads in with ice bottles?? Are the patriots of this country going to have to take matters into their own hands?
Another MAGA promise kept - remember when Chrissy Wallace tried a gotcha question about drug prices when moderating a debate?
Another reason to get rid of obamacare.
And another issue taken away from democraps.
Ok with me as long as they can’t exercise their rights under US Law, if you buy Canada Drugs you should have to sue them there. Their liability protection is included in the drug price.
Like I mentioned on the other thread about this topic...
http://www.freerepublic.com/focus/f-news/3868142/posts
After recouping their substantial development costs in the US (months/years), the drug companies agree to sell to socialized medicine countries at near production cost. This will result in higher drug prices for people not on Medicare and stifle new drug development. Not a great (socialist) idea.
Despite what you may think about pharmaceutical companies their average net profit margin is 18%...similar to I.T. companies, computer/chip makers, restaurants (not lately, hammered by COVID) and gold/silver mining companies. For “Biotech” drugs (Humira, Remicade, etc.) the news is even worse, a net 0.84% average LOSS for the industry.
If you want to go after companies that are really ripping off the consumer, look at banks/financial (ave. 30% net profit) or railroads at 26.24% net profit.
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html