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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (211224)11/9/2004 7:53:07 PM
From: TimF  Read Replies (1) of 1570917
 
do you think the fed should no bid buy everything else it buys on behalf of citizens?

I think the government shouldn't buy as much as it does, or control the buying and selling of what it does not buy, but when it is going to buy something more often thant not it probably should put it up for competitive bidding.

"In the best case scenario the other countries would raise prices some, we would lower it some and we wouldn't subsidize the rest of the world as much. Other plausible scenarios aren't so rosy. If the other countries don't let prices rise they may face shortages of certain drugs. Also if the prices don't rise overseas than research and development of new drugs will be less profitable and thus will receive less resources."

I think you have just described what's wrong with the non compete aspect of the Medicare bill.

I was talking about drug import regulations, and overseas price controls, not Medicare. Can you expand on what you mean by the "non-compete aspect of the Medicare bill".

Tim
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