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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (131003)1/29/2001 6:39:41 PM
From: pgerassi  Read Replies (2) of 1571929
 
Dear Scumbria:

RE: Drug prices.

Using my method, they can set any price they want on a drug. All that I am restricting them from is charging us a higher price than anywhere else at that time. They can sell it here at $1,000 a dose and nowhere else (exclusivity can have a justifiable premium) but, as soon as they sell it somewhere else for less, the price here must drop to at least match it (if not lower). This is a far cry from a price cap that the government sets. They still set the price but, like a common carrier, one price for all (this is somewhat more restrictive than the method I put forth but it is more morally defensible).

Besides, the Democratic House created the budgets that created the $5 trillion in debt on the House Ways and Means Committee starting with the New Deal. So it is really the Democratic Leaders of the House's fault (Tip O'Neal was one). Republican Leaders starting with Newt Gringrich started paying back the debt the Democrats left. I forget who the Leader of the House was at the start of Social Security (see, even he wanted to fade from the limelight (and I am too tired to look it up)).

Pete
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