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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: pgerassi who wrote (131013)	1/29/2001 7:31:21 PM
From: TimF	Read Replies (1) \| Respond to of 1571924

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. Pete, I assume you mean the wholesale price of the drug (retail prices depending to much on the retail outlet for the drug). Such a law would require an unusually rigid pricing scheme to make sure that the drug was never available cheaper somewhere else even for a short time as price fluctuated. What about foreign government subsidies? What about drugs sold in the US that are produced elsewhere perhaps by a non American company. If the company doesn't directly sell in the US but instead allows another company to produce the drug under license, or sells the drug to a distributor would you compare the prices to the direct sales in another country? What about exchange rate fluctuations. It would seem to me the only way to insure that the US price is never above foreign prices would be to make it much cheaper in the US. That might keep some drugs off the market in the US. Tim

To: pgerassi who wrote (131013)	1/30/2001 12:23:48 AM
From: Scumbria	Read Replies (1) \| Respond to of 1571924

Pete, 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. Do you believe in accepting responsibility? When Reagan took office, the national debt was $800 billion. When he left, it was over $3 trillion. When Bush left office, it was around $5 trillion. The Senate was controlled by Republicans during much of that time. Reagan passed the budgets to the Congress, they trimmed them back, and the fault clearly lies directly in lap of Ronald Reagan and his Laughter curve. His own budget director (David Stockman) warned him not to do it. The ongoing denial of Reagan followers makes them very hard to take seriously. Scumbria