The more fair way would be to distrubute the development costs over the entire world instead of just the chumps who live here in the US. Then start enforcing patents so countries can't strongarm drug companies by making them offers like "sell it for $0.10/pill or we'll just produce it ourselves."
Now THAT I agree with! Well said.
The Democrats know it was all just empty retoric. Americans bare the brunt of the development of new drugs. Foreign government strong-arm drug companies into selling at much discounted rates. The drug companies view the R&D as sunk costs and several companies have similar drugs, so the companies usually cave.
However, what floats the R&D budgets of companies is the US market. Like it or not, if we re-import drugs at a lower price, the R&D for new drugs companies will drop. We’ll get current drugs cheaply and then no new drugs ever ever ever.
Pray tell, how you would enforce the patents? Do you think that the drug companies want their intellectual property stolen? Do you think that they want to give away all the AIDS medicine to Africa? Do you think they don’t want to sell their product at free market cost in Canada? And what do you propose the price of drugs should be in Mexico, Africa, most of Asia? Same price as the US, when the average income is about $500 per year?
Do you think Big Pharma is a worse plague on the system than the trial lawyers who are driving up costs with their frivolous lawsuits?