The Biden Economy

[Rajoo]

Originally Posted by Chicks

Shell endorsement of Democratic bill exposes growing GOP-big business rift

https://www.washingtonexaminer.com/p...-business-rift

This should make a few MAGAMoron pea-brains explode, lol.

They took away the cap on insulin prices and did anyone take notice? The deplorables have been permanently brainwashed and they will only mobilize to "own the libs".

[whell]

Originally Posted by Rajoo

They took away the cap on insulin prices and did anyone take notice? The deplorables have been permanently brainwashed and they will only mobilize to "own the libs".

Insulin prices have never been capped Federally. There are a few states that have passed price control measures...which of course do nothing to fix the underlying cause of the high prices. How can "they" take away a cap on insulin prices if such a cap never existed?

[whell]

Originally Posted by Chicks

Shell endorsement of Democratic bill exposes growing GOP-big business rift

https://www.washingtonexaminer.com/p...-business-rift

This should make a few MAGAMoron pea-brains explode, lol.

The only morons that this news would come as a surprise to are folks who don't understand this bill's true impact.

By the way, while campaign contributions from the oil and gas industry typically flow to Republicans, would it surprise you to learn that Joe Manchin, the Senator that brokered this bill with Schumer, receives more donations from the oil and gas industry than any other elected official in DC?

And of course, the thing that finally got Manchin to align with Schumer and get aboard the climate bill were assurances that a natural gas pipeline in WV that's partially completed, and has been stalled by lawsuits from WV residents who oppose it, would receive all final approvals and permits be completed and begin operation.

Love it!

[Rajoo]

Originally Posted by whell

Insulin prices have never been capped Federally. There are a few states that have passed price control measures...which of course do nothing to fix the underlying cause of the high prices. How can "they" take away a cap on insulin prices if such a cap never existed?

OK you win, a "proposed" cap but same difference. Deplorables still too dumb to know any better while they empty their bank accounts to contribute to Trump's "Screw America & Screw You Too" campaign.

[whell]

Originally Posted by Rajoo

OK you win, a "proposed" cap but same difference. Deplorables still too dumb to know any better while they empty their bank accounts to contribute to Trump's "Screw America & Screw You Too" campaign.

OK, this is an economics thread, so: why do you think price controls on insulin is a good thing?

[finnbow]

Originally Posted by whell

OK, this is an economics thread, so: why do you think price controls on insulin is a good thing?

Yes and I'm not generally in favor of such. However, the price gouging should be obvious to anyone with a brain (this may exclude you).

[Rajoo]

Originally Posted by whell

OK, this is an economics thread, so: why do you think price controls on insulin is a good thing?

I will tell you why, albeit indirectly.

I have been taking two medications regularly for the past 15 years or so, Atrovent and Dulera. Atrovent around $470.00+ & Dulera around $350.00. I was also recently prescribed Diclofenac gel and when I got it from a local pharmacy, its cost me around $50. Low and behold the Diclofenac is made by Cipla in India and imported here. Guess how much I can buy the Diclofenac for in India? Under $2.00. I am fortunate that I have an office in India and people traveling back and forth including myself, so getting these medications there is fairly easy. When I showed my pulminogist the the Atrovent and Dulera generics with the price in INR posted on the box, he was dumbfounded, again around $2.00

And you are asking me why price controls on something like insulin is a good thing? Answer is, when do we stop the gouging especially something like an essential med like insulin.

[Chicks]

I'm guessing Pharma Bro is one of Whell's sick heroes.

[donquixote99]

Whatever a business does, is right!

[Chicks]

Originally Posted by donquixote99

Whatever a business does, is right!

Yep, because we clearly NEED more Enron's, Worldcom's, Bernie Madoff's, Trump Universities, Trump Crime Family Enterprises...