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Politics : Politics for Pros- moderated

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From: LindyBill11/9/2006 11:25:11 AM
   of 793927
 
Dems and Drugs
By Greg Mankiw

Yesterday, as the market was processing all the political news, the stock market was up slightly (+0.2%), but pharmaceutical companies took a hit.

My interpretation: The Dems will likely give us lower drug prices and less research into new drugs. Good news if you plan to be sick soon. Bad news if you plan to be sick in the more distant future.
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