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Posted on 05/13/2025 5:26:46 AM PDT by ChicagoConservative27
On Monday’s broadcast of the Fox News Channel’s “Jesse Watters Primetime,” Sen. Rand Paul (R-KY) argued that imposing government price controls on prescription drugs will lead to shortages and this is what happens in Europe.
Paul said, [relevant remarks begin around 5:25] “The thing is, is if you want prices to be low and you say the government should just make them fair or low, Venezuela’s got a great example of this, and there they’ve had price controls on everything. But you know what? They don’t have anything. Price controls lead to shortages. And so, in the European countries that have price controls, they’re lower because the government mandates that the price can’t be the market price. And so, they do get a better deal, but they do it by force and by mandate. But what you end up having is a regulated market. So, if you want the fat shot, you’ve got to go to the government doctor. You may get it, you may not get it, but you don’t go and just get the medicine you want if a doctor will prescribe it, you have to get permission from the government. They’ll make you take the cheaper variety for a couple of years. If you need a heart surgery, you may be dead by the time you get it. That’s the European system, that’s socialism, and I want no part of it. I don’t like high prices, but I think there are ways to bring prices down.”
(Excerpt) Read more at breitbart.com ...
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Just charge the same price to everyone. That is the only control.
Exactly. Trump isn’t proposing price controls. They can charge what they like, as long as it’s the same as what they give to their best customer.
I don't know if I yet fully understand what the admin is doing. It's like they are saying: you can choose your prices or to sell or not sell anywhere, but you must sell at you lowest price here or don't sell here.
The more Rand talks about economic issues the more retarded he sounds.
bottom line is the govt run healthcare countries
refuse to pay for research and development
so the US is footing the bill
everyone should share that burden
What he says about government in Europe is true today about insurance companies in the US. They may approve a medicine or they may not; or they may require you to take a generic until proven that it doesn’t work as well or has hard side effects. While he is right in principle that price controls bring shortages, it is also true that we have not had a free market in healthcare for a very long time anyway.
The pharmaceutical reps who supply md offices make a s ton of money. This was always the case going back to the ‘90s at least. Company car.
The U.S. is getting ripped off by big pharma, and it must stop.
How much is Randy getting from BigPharma?
I need to revisit that list of Senators making bank.
Rand Paul always has some stupid point
The Europeans have socialized medicine. Different system.
Here’s another thingg Europeans do. They eat real food. We eat msg, corn syrup, dyes, simple carbs, processed meat
The euros eat food. We drink chemical infused everything
The euros don’t live on coke or any corn syrup infused crap
They don’t eat the sugar we eat. They don’t eat near the salt
And they do not walk around fat. We are fat
The "most favored nation" pricing model in President Trump's pharmaceutical price plan, as outlined in the May 12, 2025 executive order, ties U.S. prescription drug prices to the lowest prices paid by other developed countries for the same drugs.
Specifically, it directs the Department of Health and Human Services (HHS) to identify the lowest price charged in a comparable developed nation (e.g., OECD countries like Canada, Japan, or European nations) and set U.S. prices for Medicare, Medicaid, and potentially private insurance at or below that level.
This approach aims to eliminate the U.S. paying significantly higher prices—often 2-4 times more—than other countries for identical medications, effectively forcing drugmakers to offer the U.S. their best global price or face further regulatory measures like imposed pricing, drug importation, or export restrictions.
h/t Lakeside Granny ...
Here’s the BigPharma/Senator list ....
🚨REPORT: List of U.S. Senators with Pharmaceutical Contributions (1990-2024):
1. Tammy Baldwin (D-WI): $600,000
2. John Barrasso (R-WY): $500,000
3. Michael Bennet (D-CO): $1,500,000
4. Marsha Blackburn (R-TN): $600,000
5. Lisa Blunt Rochester (D-DE): $320,793
6. John Boozman (R-AR): $200,000
7. Mike Braun (R-IN): $150,000
8. Katie Britt (R-AL): $50,000
9. Ted Budd (R-NC): $100,000
10. Laphonza Butler (D-CA): $50,000
11. Maria Cantwell (D-WA): $200,000
12. Shelley Moore Capito (R-WV): $300,000
13. Ben Cardin (D-MD): $1,200,000
14. Tom Carper (D-DE): $800,000
15. Bob Casey (D-PA): $1,790,780
16. Bill Cassidy (R-LA): $600,000
17. Susan Collins (R-ME): $700,000
18. Chris Coons (D-DE): $400,000
19. John Cornyn (R-TX): $900,000
20. Catherine Cortez Masto (D-NV): $421,000
21. Kevin Cramer (R-ND): $150,000
22. Mike Crapo (R-ID): $600,000
23. Ted Cruz (R-TX): $300,000
24. John Curtis (R-UT): $450,000
25. Steve Daines (R-MT): $200,000
26. Tammy Duckworth (D-IL): $150,000
27. Dick Durbin (D-IL): $1,000,000
28. Joni Ernst (R-IA): $150,000
29. Deb Fischer (R-NE): $200,000
30. Ruben Gallego (D-AZ): $244,135
31. Kirsten Gillibrand (D-NY): $800,000
32. Lindsey Graham (R-SC): $500,000
33. Chuck Grassley (R-IA): $400,000
34. Bill Hagerty (R-TN): $100,000
35. Maggie Hassan (D-NH): $90,000
36. Josh Hawley (R-MO): $100,000
37. Martin Heinrich (D-NM): $300,000
38. George Helmy (D-NJ): $10,000
39. John Hickenlooper (D-CO): $200,000
40. Mazie Hirono (D-HI): $200,000
41. John Hoeven (R-ND): $250,000
42. Cindy Hyde-Smith (R-MS): $100,000
43. Jim Justice (R-WV): $50,000
44. Ron Johnson (R-WI): $300,000
45. Tim Kaine (D-VA): $600,000
46. Mark Kelly (D-AZ): $100,000
47. John Kennedy (R-LA): $200,000
48. Andy Kim (D-NJ): $106,778
49. Angus King (I-ME): $150,000
50. Amy Klobuchar (D-MN): $700,000
51. James Lankford (R-OK): $150,000
52. Mike Lee (R-UT): $100,000
53. Ben Ray Luján (D-NM): $200,000
54. Cynthia Lummis (R-WY): $50,000
55. Joe Manchin (I-WV): $600,000
56. Ed Markey (D-MA): $400,000
57. Mitch McConnell (R-KY): $2,020,462
58. Bob Menendez (D-NJ): $1,474,575
59. Jeff Merkley (D-OR): $200,000
60. Jerry Moran (R-KS): $300,000
61. Markwayne Mullin (R-OK): $100,000
62. Lisa Murkowski (R-AK): $400,000
63. Chris Murphy (D-CT): $300,000
64. Patty Murray (D-WA): $1,000,000
65. Rand Paul (R-KY): $100,000
66. Gary Peters (D-MI): $400,000
67. Jack Reed (D-RI): $300,000
68. Pete Ricketts (R-NE): $100,000
69. Jim Risch (R-ID): $150,000
70. Mitt Romney (R-UT): $2,700,392
71. Jacky Rosen (D-NV): $300,000
72. Mike Rounds (R-SD): $150,000
73. Bernie Sanders (I-VT): $1,918,361
74. Brian Schatz (D-HI): $200,000
75. Adam Schiff (D-CA): $196,635
76. Chuck Schumer (D-NY): $1,500,000
77. Eric Schmitt (R-MO): $50,000
78. Rick Scott (R-FL): $200,000
79. Tim Scott (R-SC): $596,000
80. Jeanne Shaheen (D-NH): $400,000
81. Kyrsten Sinema (I-AZ): $556,000
82. Tina Smith (D-MN): $200,000
83. Elissa Slotkin (D-MI): $187,096
84. Debbie Stabenow (D-MI): $800,000
85. Dan Sullivan (R-AK): $150,000
86. Jon Tester (D-MT): $1,000,000
87. John Thune (R-SD): $400,000
88. Thom Tillis (R-NC): $300,000
89. Tommy Tuberville (R-AL):$50,000
90. JD Vance (R-OH): $50,000
91. Chris Van Hollen (D-MD): $300,000
92. Mark Warner (D-VA): $600,000
93. Raphael Warnock (D-GA): $50,000
94. Elizabeth Warren (D-MA): $822,573
95. Sheldon Whitehouse (D-RI): $300,000
96. Roger Wicker (R-MS): $300,000
97. Ron Wyden (D-OR): $1,500,000
98. Todd Young (R-IN): $300,000
https://x.com/realTrentLeisy/status/1921961536895230152
Does he have a solution, aside from allowing the world to siphon off US wealth?
Perfect libertarianism is an impossibility, because everything naturally slides to the lowest denominator. The Founding Fathers knew this.
What Trump is doing is allowing the drug companies to charge whatever they want, but not allow them to unduly profit off the American consumer and allowing the rest of the world to buy the drugs at cost.
It’s amazing that people in Congress and around the world still don’t get it.
“We’ll have shortages!”
“He doesn’t have the authority!”
“Only Congress can enact this!”
For the zillionth time Trump is forcing the other side’s hand. Congress you vote against lowering drug prices despite years of promises to do so you might as well retire because you’re not getting re-elected.
There's a big difference in the economies between wealthy nations and poor ones. If you're going to take that approach, poor countries will always have older, less effective, less sophisticated medicines. You could not offer the newest medicines to poor countries and expect that they would be able to pay the same price as the US or Japan.
The more Rand talks about economic issues the more ridiculous he sounds.
Don’t let him fool you with doctor crap. Doctors are famous for not understanding again and financing
A lot of people that are prescribed particular blood thinners cannot afford the out of pocket cost. If they’re on Medicaid forget it. Then they have a stroke. Medicaid then has to pay 2 days- 3 weeks in the icu That’s 2-5g per day just for the bed
No one is looking at that. Definitely not doctors
“Here uh go home and uh take these pills’
‘Uh ok doc. What if I have to pay rent or, like, eat?’
“Huh? Wha? Don’t you know I’m a doctor? I’m busy”
....mebe if pharma spent less on buying congress critters and flooding legacy fake news with expensive pointless commercials they could lower the wholesale price of prescription drugs,,,
Rand has become a great disappointment to me. What he doesn’t understand is that Americans are shouldering the cost of pharmaceuticals for the entire world. This is how ideologues go wrong. You have to play the game with the rules that are handed to you.
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