Posted on 08/15/2024 5:34:31 PM PDT by E. Pluribus Unum
Former President Donald Trump on Thursday directly responded to a proposed effort from the Biden administration to lower prescription drug prices that the president announced alongside Vice President Kamala Harris on Thursday, likening her proposals to the policies of Venezuelan President Nicolas Maduro.
Biden on Thursday announced the move during an event in Prince George's County.
"Now, Kamala is reportedly proposing communist price controls. She wants price controls," Trump said at a press conference at his Bedminster, N.J., estate. "If they worked, I'd go along with it too. But they don't work. They actually have the exact opposite impact and effect, but it leads to food shortages, rationing, hunger, dramatically more inflation."
"She's running on the Maduro plan," he said. "[L]ike something straight out of Venezuela or the Soviet Union. This announcement is an admission that her economic policies have totally failed and caused really a catastrophe for our country and beyond that, a catastrophe in the world a little bit unrelated, but not totally unrelated."
He further blamed the administration's spending packages for rising prices, contending that landmark legislation ostensibly designed to curb price increases actually had the opposite effect.
"Their inflation Reduction Act, by the way, was a disaster. It's what caused the inflation. Their inflation Reduction Act was a con job," he said. "They actually admitted that it wasn't really for inflation that they did it. They don't know why they did it, but they named it the inflation Reduction Act, which was a very nice name, got approved based on that. Unfortunately, people didn't understand it. I understood it. I said that's going to cause tremendous inflation."
(Excerpt) Read more at justthenews.com ...
What he really needs to HYPE is that this drug subsidy starts only in 2026!!!!
Rinse lather repeat
That’s why she is using the “Joy” slogan..isnt that what Maduro promised, lots and lots of joy, well what did the people of Venezuela get, nothing but MISERY..tell that to the girl who was raped by an illegal in New York yesterday, I guess she got the joy too
“Striving for a harmonious society” that was the PRC slogan when I lived there. Kind of like joy.
Should be price controls on Amazon, google, Apple, facebook, etc. that contribute to democrats.
Also, how about wage controls on federal employees ... the ones that contribute to democrats.
He shouldn’t be responding to her. Make her respond to you.
Kamunist Harris is much worse than Maduro. She’s running for President of The United States of America.
Democrats keep their bullshit up with the Republicans and “their” Project 2025, but Trump needs to highlight the Democrat Socialists led by Harris and “no balls Wallz” following the Communist Manifesto.
“Also, how about wage controls on federal employees”
Sure, sounds like a great idea after 1/2 the federal employees have been cut permanently. And of course 1/2 the agencies that go with it.
It’s called fascism. Big Pharma will happily give up profits, if it means owning their sector of the economy. However, since they are giving up profits, the amount of research they will do will match the rest of the world, so it will fall by about 70% or.
“Sure, sounds like a great idea after 1/2 the federal employees have been cut permanently. And of course 1/2 the agencies that go with it.”
👍
I am with you.
She took what? . . . 3, 4 trips to Venezuela ?
The DemonKKKrats’ Inflation Reduction Act is, in itself, a lie by name. It will increase the demand with more available money to spend on drugs. This new action that lowers the price is a train wreck. That cost decrease together with the increase of money from the the Inflation Reduction Act will increase demand on the availability of supply and the result of that increase will trigger shortages. The answer to shortages will require the addition of plant, which increases the cost of production and the bottom line. The pie in the sky DemonKKKrats always hide the reality of forces they create which trigger disaster and a pile of money to correct.
YES, this is the way! Talk about her policies, and compare them to Venezuela. And other communist hellholes.
Trump is waiting to gut her until after the Democrat National Convention in case they make another switcheroo.
“What he really needs to HYPE is that this drug subsidy starts only in 2026!!!!”
Why do you call it a subsidy when it’s a negotiated price?
The Biden/Kamala joint appearance celebrated the drug price reductions which were going to save $6 Billion. In other words, less money than the government spent in the time that announcing that took.
Great response by Trump — the Democrats’ communism needs to be attacked head-on. I recall when Republicans were afraid to call communists “communists”.
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