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Started By
Message
Americans pay more for medicine to subsidize the globe at lower cost
Posted on 6/3/25 at 8:50 am
Posted on 6/3/25 at 8:50 am
11
Posted on 6/3/25 at 8:52 am to RaoulDuke504
It’s always funny to hear other countries tell us how great we have it but they don’t want the same position
Posted on 6/3/25 at 8:52 am to RaoulDuke504
Wait, the Jews are in charge of that too?
Posted on 6/3/25 at 8:57 am to RaoulDuke504
My late BIL, a retired pharma exec, told me years ago that other countries have cheap meds because of the high prices paid by Americans. IOW, we subsidize medicine for the rest of the world. This was evident when former Senator David Vitter introduced a bill to lower prescription drug prices that mirrored Canada. The Canadians vehemently opposed this bill; they were not thrilled about the possibility of their prescription drug gravy train ending. The bill died.
Posted on 6/3/25 at 9:00 am to Tchefuncte Tiger
The world doesn’t view the U.S. as country they see it as an economic zone they extract money and resources from. Every other nation is respected for their sovereignty and independence. In we return we got a fake title as “leaders of the free world”
Posted on 6/3/25 at 9:00 am to RaoulDuke504
This country is about 60% deadbeats. The rest of the world is 99% deadbeats.
If you pay taxes and generally provide a net positive to society, you truly are an anomaly on this planet.
If you pay taxes and generally provide a net positive to society, you truly are an anomaly on this planet.
Posted on 6/3/25 at 9:02 am to RaoulDuke504
quote:
The world doesn’t view the U.S. as country they see it as an economic zone they extract money and resources from. Every other nation is respected for their sovereignty and independence. In we return we got a fake title as “leaders of the free world”
The United States is the host to a bunch of global parasites, but our so-called "leaders" allowed this to happen.
Posted on 6/3/25 at 9:06 am to Tchefuncte Tiger
quote:
My late BIL, a retired pharma exec, told me years ago that other countries have cheap meds because of the high prices paid by Americans. IOW, we subsidize medicine for the rest of the world.
This is true. We pay for all the R&D as well as additional profit as part of our prices. Other countries don't have that in their pricing.
The American people are also the lab rats/guinea pigs for all of the new medicines. They are tried out and perfected here and then released worldwide.
Posted on 6/3/25 at 9:08 am to BigBinBR
quote:
This is true. We pay for all the R&D as well as additional profit as part of our prices. Other countries don't have that in their pricing. The American people are also the lab rats/guinea pigs for all of the new medicines. They are tried out and perfected here and then released worldwide.
To top it off after we pay the fees and research we send them to China and India to be manufactured
Posted on 6/3/25 at 9:11 am to BigBinBR
quote:
We pay for all the R&D as well as additional profit as part of our prices. Other countries don't have that in their pricing.
Yep.. once we pay for the r and D and it actually gets approved , then Americans get bent over by the company trying to recoup it all back and make the billions in profit
And the rest of the world gets it for Pennies while Americans decide to pay their rent or pay for their medicine .
Posted on 6/3/25 at 9:12 am to RaoulDuke504
It’s sad that so many of yall are on medicine when you could just do deadlifts
Posted on 6/3/25 at 9:14 am to RaoulDuke504
This is a pretty big issue for discussion w/ the establishment types who rail on protectionists/populists/nationalists of various stripes. They will lecture that we'll lose our standing/influence/economic might/quality of life if we're not importing immigrants to keep us on the top of the food chain.
There are multiple arguments here, of course, perhaps the most glaring one being "if we don't do it, will anyone fill the void?" If so, they'll gain power/influence/wealth. If not, the world will "suffer" for the absence of whatever we'd otherwise develop.
But as it stands, lots of the Western world benefits from our innovation and pays the same or sometimes less to enjoy it than we do. So at least from a quality of life standpoint, are regular citizens getting the benefit of that in a way other western nation citizens are not? I don't think so, and I think we're eating the costs of it (both financially and otherwise - ie, culturally).
There are multiple arguments here, of course, perhaps the most glaring one being "if we don't do it, will anyone fill the void?" If so, they'll gain power/influence/wealth. If not, the world will "suffer" for the absence of whatever we'd otherwise develop.
But as it stands, lots of the Western world benefits from our innovation and pays the same or sometimes less to enjoy it than we do. So at least from a quality of life standpoint, are regular citizens getting the benefit of that in a way other western nation citizens are not? I don't think so, and I think we're eating the costs of it (both financially and otherwise - ie, culturally).
Posted on 6/3/25 at 9:17 am to RaoulDuke504
quote:
To top it off after we pay the fees and research we send them to China and India to be manufactured
This is what burns me, particularly during COVID. China created a virus then sold us the meds, testing supplies, and PPE to combat the virus. A lot of our meds are also made in Israel.
Posted on 6/3/25 at 9:20 am to RaoulDuke504
shite like this enrages me. Capitalism is the best system we have, but it still has some fundamental flaws. Crony capitalism is a terrible system, and when foreign governments start impeding into the marketplace, it's crony capitalism on steroids. Any country using laws/government to undercut American prices should have to face economic consequences. Absolutely insane that we protect the shipping lanes, have the least evil large standing army, contribute so damn much to the UN and NATO, only to have these countries that refuse to spend on defense push through rules like this.
I love capitalism, and to see it perverted by these corporations backed by government dollars and considered "too big to fail" just kills me inside. Contrary to what everyone yells at each other, both Rs and Ds support these monoliths of human excrement.
I love capitalism, and to see it perverted by these corporations backed by government dollars and considered "too big to fail" just kills me inside. Contrary to what everyone yells at each other, both Rs and Ds support these monoliths of human excrement.
This post was edited on 6/3/25 at 9:24 am
Posted on 6/3/25 at 9:29 am to GRTiger
quote:
If you pay taxes and generally provide a net positive to society, you truly are an anomaly on this planet.
Some people are blessed with the genius/vision to lay out substantial, productive and positive things, others have the competence to execute on those plans, and others have the social wherewithal to coordinate neutral contributors and convince the general public of the appeal of those positive things. Very few people can do multiple of the above, and most people can’t do any of them or are actively negative contributors.
Posted on 6/3/25 at 9:30 am to GRTiger
quote:
This country is about 60% deadbeats. The rest of the world is 99% deadbeats.
If you pay taxes and generally provide a net positive to society, you truly are an anomaly on this planet.
So what happens when Atlas shrugs?
Posted on 6/3/25 at 9:38 am to Tchefuncte Tiger
quote:
The United States is the host to a bunch of global parasites, but our so-called "leaders" allowed this to happen.
This is why Washington is so dead-set on destroying the Trump Presidency. All these politicians have been getting filthy rich as shite for decades and they see Trump coming in looking to end their gravy train. Just look at the members of Congress who’ve become worth hundreds of millions of dollars. You don’t get that damned rich on a salary of $174,000 per year.
This post was edited on 6/3/25 at 9:38 am
Posted on 6/3/25 at 9:44 am to Pettifogger
quote:
There are multiple arguments here, of course, perhaps the most glaring one being "if we don't do it, will anyone fill the void?" If so, they'll gain power/influence/wealth. If not, the world will "suffer" for the absence of whatever we'd otherwise develop.
But as it stands, lots of the Western world benefits from our innovation and pays the same or sometimes less to enjoy it than we do. So at least from a quality of life standpoint, are regular citizens getting the benefit of that in a way other western nation citizens are not? I don't think so, and I think we're eating the costs of it (both financially and otherwise - ie, culturally).
The perspective on this is a major issue. If you see the Euro sales as extra/bonus profits/revenue for the companies, it's a much different picture than seeing the US as "subsidizing" those countries. The question will be what those countries do in response to US policy making them pay higher prices for the drugs. Will they pay more or stop buying the drugs? If it's the latter, then Americans may end up paying even more.
Posted on 6/3/25 at 9:46 am to Darth_Vader
quote:
This is why Washington is so dead-set on destroying the Trump Presidency. All these politicians have been getting filthy rich as shite for decades and they see Trump coming in looking to end their gravy train.
How is he doing this, specifically, especially within the context of this discussion?
And I'm talking pols as pols, not post-pol life as a lobbyist or exec.
Pols get rich because they have lots of revenue-producing outlets like speeches/books (which Trump can't and isn't stopping) and their ability to inside trade (which Trump isn't stopping as of this post).
This post was edited on 6/3/25 at 9:47 am
Posted on 6/3/25 at 9:47 am to RaoulDuke504
Tech transfer has done a great job getting medicine for research to market but absolutely the US pays for all the research, and then single payer markets dictate the prices.
Now if you have a novel medicine people there need they do pay, because they can’t just say no
but if you’re trying to sell the 47th antidepressant to hit the market, you charge what they say you can charge or they just don’t pay for it.
Now if you have a novel medicine people there need they do pay, because they can’t just say no
but if you’re trying to sell the 47th antidepressant to hit the market, you charge what they say you can charge or they just don’t pay for it.
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