Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Trump's Drug Price Reforms Amount to a "Sugar-Coated Nothing Pill"

By       Message Jim Hightower       (Page 1 of 1 pages)     Permalink    (# of views)   2 comments

Related Topic(s): ; ; ; ; , Add Tags
Add to My Group(s)

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H2 5/30/18

Author 8272
Become a Fan
  (42 fans)

From Other Words

- Advertisement -

The president says he wants to lower drug prices, but Big Pharma isn't fooled.

From flickr.com: Donald Trump - Caricature {MID-295405}
Donald Trump - Caricature
(Image by DonkeyHotey)
  Permission   Details   DMCA

President Trump is said to see himself as a sort of Teddy Roosevelt. TR, however, was known as a trust buster, while DT has become known as a trust hugger.

- Advertisement -

We recently saw the hugger in action when he held a PR event to ballyhoo 50 proposals to stop Big Pharma from gouging American consumers with monopolistic drug pricing.

People are rightly outraged that pill-peddling giants exploit patients who have life-threatening diseases and routinely jack up prices on common drugs by some 10 percent a year. As a presidential candidate, Trump jumped on this hot issue, accusing drug makers of "getting away with murder."

So, now with typical modesty, he's revealed his plan to stop the rip-offs, calling his 50 proposals the "most sweeping action in history to lower the price of prescription drugs for the American people."

- Advertisement -

Yeah, "sweeping" -- as in sweeping the problem under the White House rug.

Fifty is just a political number meant to puff-up Trump's plan as something BIG. But as one congressional Democrat pointed out, all 50 amount to "a sugar-coated nothing pill." Nowhere on that list of 50 things was Trump's own campaign promise to use the purchasing power of Medicare to negotiate lower prices for seniors.

Far from feeling punished, Big Pharma itself felt it had gotten a warm presidential hug. Drug company stock prices went up immediately after the presidential speech.

It's really no surprise that Trump is letting these corporate profiteers continue "getting away with murder." After all, political posturing aside, he's stacked his administration with drug industry executives like Alex Azar, a former Eli Lily honcho who is now Trump's secretary of health.

How revealing that Azar was standing right behind the president at the White House media event, beaming and applauding as Trump announced" well, a lot of nothing.

 

- Advertisement -

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com

Jim Hightower is an American populist, spreading his message of democratic hope via national radio commentaries, columns, books, his award-winning monthly newsletter (The Hightower Lowdown) and barnstorming tours all across America.

Jim Hightower Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The Trans-Pacific Partnership is not about free trade. It's a corporate coup d'etat -- against us!

Trump Hates the American Public -- Here's How He Reveals His Disdain

The Post Office is not broke -- and it hasn't taken any of our tax money since 1971

The plutocrats who bankrolled the GOP primaries -- and what they want in return

Citizens United Against Citizens United: A Grassroots Campaign to Restore Democracy

The Audacity of Greed