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Old 08-23-2022, 11:00 AM
 
15,047 posts, read 8,876,449 times
Reputation: 9510

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When you start punishing the pharmaceutical industry, you're going to have less innovation; you are going to have fewer life-saving drugs. That's not a good thing.

https://www.rawstory.com/ron-johnson-medicine-costs/

Put another way, how will they continue to stuff politicians' pockets if we cut into their massive profits? Who cares if people can't afford their drugs? Not Ron Johnson.
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Old 08-23-2022, 11:04 AM
 
5,984 posts, read 2,239,391 times
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Why would a drug company want to cure people? It's much more profitable to do what they are doing now and develop drugs that make someone's symptoms better as long as they are taking them daily. Can ride the profits for decades.

Curing someone cuts off the profits.

Perhaps Ron is missing that part.
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Old 08-23-2022, 12:05 PM
 
3,113 posts, read 939,583 times
Reputation: 1177
Quote:
Originally Posted by Daryl_G View Post
Why would a drug company want to cure people? It's much more profitable to do what they are doing now and develop drugs that make someone's symptoms better as long as they are taking them daily. Can ride the profits for decades.

Curing someone cuts off the profits.

Perhaps Ron is missing that part.
I agree with you and disagree with Ron here.

BigPharma has no incentive to make life saving or safe medications especially since the FDA is not requiring them to. The more drugs they can sell the more $$$ they make and many of their drugs cause other conditions that you need to take drugs for. They also want you psychologically dependent on drugs and vaccines for quick easy fixes.

Did you get a COVID shot? Apply the same logic to the COVID shot.
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Old 08-23-2022, 12:15 PM
 
Location: Oklahoma
17,804 posts, read 13,708,449 times
Reputation: 17841
Quote:
Originally Posted by AfricanSunset View Post
I agree with you and disagree with Ron here.

BigPharma has no incentive to make life saving or safe medications especially since the FDA is not requiring them to. The more drugs they can sell the more $$$ they make and many of their drugs cause other conditions that you need to take drugs for. They also want you psychologically dependent on drugs and vaccines for quick easy fixes.

Did you get a COVID shot? Apply the same logic to the COVID shot.
That is a pretty cynical take...

90% of drugs out there are to alleviate conditions caused by lifestyle or aging. They can't "cure" those conditions.

A lot of other drugs that can "cure" conditions are having to be altered by superbugs.

Then of course you have your pain killers.

But there have been lots of drugs that have done a lot of good. Anti cancer drugs in particular.

And of course, I have to admit that my dad's a pharmacist who has influenced me to defend the drug companies to some degree. Like the good conservative that he is he just complains about the government regs and claims that they are the problem.
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Old 08-23-2022, 12:17 PM
 
45,585 posts, read 27,203,264 times
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He's allowed to be wrong.

However, there is nothing wrong with being reasonably motivated by profit and one's own bottom line.

If people truly want to cut cost, remove the government from the revenue stream of health care.
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Old 08-23-2022, 12:24 PM
 
Location: Stillwater, Oklahoma
30,976 posts, read 21,650,795 times
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If drug companies would quit running TV ads, they would have more money for research.
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Old 08-23-2022, 12:33 PM
 
15,047 posts, read 8,876,449 times
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Quote:
Originally Posted by StillwaterTownie View Post
If drug companies would quit running TV ads, they would have more money for research.
True. Leave it to the U.S. to be only one of two countries that allow pharmaceutical companies to advertise direct to consumers. They waste billions of dollars in advertising every year and then whine that lowering prices will hurt their bottom line.
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Old 08-23-2022, 12:39 PM
 
Location: Arizona
6,105 posts, read 2,728,554 times
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In other words, he doesn't wanna lose those fat campaign contributions from big pharma. Vote him out!
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Old 08-23-2022, 12:39 PM
 
6,389 posts, read 2,714,312 times
Reputation: 6131
Quote:
Originally Posted by HeyJude514 View Post
When you start punishing the pharmaceutical industry, you're going to have less innovation; you are going to have fewer life-saving drugs. That's not a good thing.

https://www.rawstory.com/ron-johnson-medicine-costs/

Put another way, how will they continue to stuff politicians' pockets if we cut into their massive profits? Who cares if people can't afford their drugs? Not Ron Johnson.
Before COVID the Democrats always went on the "Big evil pharmaceuticals only care about money".

COVID hits and we have Democratic leadership buying Hundreds of Millions of doses of a vaccine and then pushing people to get the vaccine.

Just over a year later the Democrats are now back to "Oh look at those evil pharmaceuticals they are in bed with the Conservatives and only care about money".

Yea absolutely no conflict of interest here....
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Old 08-23-2022, 12:41 PM
 
Location: Southeast US
8,609 posts, read 2,310,456 times
Reputation: 2114
Quote:
Originally Posted by AfricanSunset View Post
I agree with you and disagree with Ron here.

BigPharma has no incentive to make life saving or safe medications especially since the FDA is not requiring them to. The more drugs they can sell the more $$$ they make and many of their drugs cause other conditions that you need to take drugs for. They also want you psychologically dependent on drugs and vaccines for quick easy fixes.

Did you get a COVID shot? Apply the same logic to the COVID shot.
there's nothing to be gleaned from the article originally linked. It's from a website no more credible than Alex Jones. It posts partial quotes without context. What the article claims the complete answer is:

Quote:
"The industry is going to pay a huge price and we're going to pay the price on innovation," Kilmeade declared.

"Correct," Johnson agreed. "You're absolutely right. When you start punishing the pharmaceutical industry, you're going to have less innovation; you are going to have fewer life-saving drugs. That's not a good thing."
the article goes on to claim:

Quote:
Johnson alleged that Democrats would use any savings to Medicare from lower drug prices to fund climate programs.

According to the AARP senior vice president for government affairs Bill Sweeney, a bill recently passed by Democrats will lower the cost of medicine for seniors.
they're either being disingenuous or are idiots.

Of course the Medicare drug negotiation provisions will save seniors money. If they cap insulin at $35 and cap every senior at $2K out of pocket, that saves the seniors money. Of course, a simple $2K on the individual who consumes say $5K of drugs ...then Medicare (aka taxpayers) pay the extra $3K.

But RawStory gives you the "alleged" that Democrats would use any savings to fund climate ... he doesn't need to allege it. It's the truth.

Of the $700B raised in "revenue" to pay for the climate items etc, $329B of it comes from the drug pricing provisions.

https://taxfoundation.org/inflation-...n-act/#revenue
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