Free Republic

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...