You are confused if you think the inflation reduction act has anything to do with inflation or reduction of the cost of insulin.
Ok. In small words, the R&D has already been done. The costs have been gone for 40 years now. It's profiteering now.ConsRule » 08 Aug 2022, 1:57 pm » wrote: ↑ Where did I say a generic can't be made? Try reading what I actually post...not what you think I post.
I understand R&D a hell of a lot better than you if you think anything...drug or otherwise...can have zero development cost.
You do understand the purpose of every business is to maximize profits for their owners, don't you? And it does not matter when the R&D occurred, there was still a cost. If they don't make a profit, how do they pay for future R&D?ScottMon » 08 Aug 2022, 1:59 pm » wrote: ↑ Ok. In small words, the R&D has already been done. The costs have been gone for 40 years now. It's profiteering now.
JUST TELL THAT QUEER PIECE OF **** CRY BABY THAT IF HESHEIT DISAGREES WITH SOMETHING THAT DISPLEASES HESHEIT....THEN HESHEIT CAN DO WHAT THE REST OF US DO.....WE TAKE IT UPON OURSELVES TO DEBUNK WHAT WE THINK IS FALSE WITH OUR OWN RESEARCH INSTEAD OF CRYING ABOUT IT LIKE HELPLESS, CLUELESS, LAZY & GAY LITTLE BITCH SCOTTMON DOES.roadkill » 08 Aug 2022, 1:19 pm » wrote: ↑ I posted it years ago too. It's harder to find it now...and it will be even harder to find it on Google.
Try this search engine and you'll eventually find it...
https://search.brave.com/
GHETTOBLASTER » 08 Aug 2022, 3:33 pm » wrote: ↑ JUST TELL THAT QUEER PIECE OF **** CRY BABY THAT IF HESHEIT DISAGREES WITH SOMETHING THAT DISPLEASES HESHEIT....THEN HESHEIT CAN DO WHAT THE REST OF US DO.....WE TAKE IT UPON OURSELVES TO DEBUNK WHAT WE THINK IS FALSE WITH OUR OWN RESEARCH INSTEAD OF CRYING ABOUT IT LIKE HELPLESS, CLUELESS, LAZY & GAY LITTLE BITCH SCOTTMON DOES.
roadkill » 08 Aug 2022, 1:10 pm » wrote: ↑ I agree...Pharma products are far too expensive. Although there is liability involved, it's still too expensive.
Now I'll get partisan...Remember...Hillary was THE dem candidate...the rest were still vying for a spot.
Notice where Hillary and Trump are on this graph. It's clear that Trump was NOT a darling of Big Pharma and Hillary WAS!
"Setting aside the Democrat/Republican **** for minute", Scott says. And the graph shows why Scott said that.
You don't know much about modern insulin delivery systems. Those change frequently and all require millions in RND along with additional millions to get though the certification phases. Base insulin costs are $7 a bottle for generic at Walmart. Diabetics don't want good Ole fashioned insulin, they want Truvia and other more potent longer lasting products. They want automatic pumps to monitor and maintain their levels like obese versions of Darth Vader.ScottMon » 08 Aug 2022, 1:59 pm » wrote: ↑ Ok. In small words, the R&D has already been done. The costs have been gone for 40 years now. It's profiteering now.
Monderegal » 08 Aug 2022, 4:21 pm » wrote: ↑ The obvious problem with you data is the time frame. The END OF 2015. From what I remember Donald Trump was still spieling conspiracy theories about Obama's birth certificate on Fox News back then.
roadkill » 08 Aug 2022, 4:37 pm » wrote: ↑ Apples and oranges...and Trump may be proven right someday like he has been so many times.
The topic is Big Pharma...and now you want to deflect from that because Hillary has been pegged as being in bed with Big Pharma.
If you look again you see the graph I posted was presented by CNN via the FEC.
Monderegal » 08 Aug 2022, 5:16 pm » wrote: ↑ The money usually goes to the perceived victor. Still, I want to know the time frame of your data. I am certain Trump had no money from big pharma before he ran for President. He also didn't do anything about high drug prices during his administration like he said he would. The package that just passed under Biden actually will lower prescription drug prices. Money is money and results are results. The data is meaningless when it comes to Trump, damning for Hillary Clinton, and actions speak louder than the contributions.
I'm still trying to work out how 35 divided by 6 = .82. When I do the math, it comes out to a 583% profit.ScottMon » 08 Aug 2022, 10:49 am » wrote: ↑ It literally costs $6 a bottle to make. Capping it at $35 is still netting $29 or 82% a bottle. Setting aside the Democrat/Republican **** for minute, I have to ask why 6 Senators didn't vote for it. Is it lobbying by pharmaceutical companies? Is Partisian showboating? The official reason given was that it wasn't part of the federal budget. Whats the unofficial reason? There are way too many people having to pay hundreds of dollars for a bottle that only cost $6 to make. Countless parents are trying to assist their Type I diabetic children.
And before someone posts a link to GoodRx, Keep in mind that they offer a one time deal on it.
roadkill » 08 Aug 2022, 5:41 pm » wrote: ↑ Yer engaged in rhetoric...post links for each of yer claims.
Then I'll check em out.
Short terms claims by way of the language.Monderegal » 08 Aug 2022, 6:22 pm » wrote: ↑ Inflation Reduction Act: What the Democrats’ bill does for climate change, drug prices and corporate taxes (msn.com)
Here's the highlight from the article. Now tell me it's a lie and that it's the Democrats fault.
And those patents expired in 2014.Neo » 08 Aug 2022, 4:25 pm » wrote: ↑ You don't know much about modern insulin delivery systems. Those change frequently and all require millions in RND along with additional millions to get though the certification phases. Base insulin costs are $7 a bottle for generic at Walmart. Diabetics don't want good Ole fashioned insulin, they want Truvia and other more potent longer lasting products. They want automatic pumps to monitor and maintain their levels like obese versions of Darth Vader.
Well really that depends on the economists. A recession is considered two quarters of negative GDP growth. That condition is satisfied yet other economic measures that don't typically happen during recessions. In other words, it depends on economists, not the media when calling these things. By definition though, you are right. We are in a recession.roadkill » 08 Aug 2022, 6:49 pm » wrote: ↑ Short terms claims by way of the language.
"Inflation Reduction Act" is a lie.
It will crush small business and the middle class. Remember...the Biden admin also claims we're not in a recession when the definition of a recession has already happened.
You used yer source...now here's one of many other sources that I will use...any corp tax that the dems hand to corporations can only be paid by the consumers, the workers, and the investors. If you choose not to believe that, it's yer choice.
https://www.youtube.com/watch?v=LCDGB5ulp38
R&D costs have already been met. It's pure COG now.ConsRule » 08 Aug 2022, 3:21 pm » wrote: ↑ You do understand the purpose of every business is to maximize profits for their owners, don't you? And it does not matter when the R&D occurred, there was still a cost. If they don't make a profit, how do they pay for future R&D?
Profits are a good thing...it's why businesses exist.
Well it also depends on the charter of the corporation and the purpose of the said business. I know Jack Welsh would agree with you on that one though. Still, profit and general welfare are a balancing act for many businesses. That should be an ultimatum when it comes to health care.ConsRule » 08 Aug 2022, 3:21 pm » wrote: ↑ You do understand the purpose of every business is to maximize profits for their owners, don't you? And it does not matter when the R&D occurred, there was still a cost. If they don't make a profit, how do they pay for future R&D?
Profits are a good thing...it's why businesses exist.
Monderegal » 08 Aug 2022, 7:34 pm » wrote: ↑ Well really that depends on the economists. A recession is considered two quarters of negative GDP growth. That condition is satisfied yet other economic measures that don't typically happen during recessions. In other words, it depends on economists, not the media when calling these things. By definition though, you are right. We are in a recession.
Because some rich people freak out when they're a little less rich. Poor people never freak out because they have learned how to be poor already. The rich need the poor a lot more than the poor need the rich.roadkill » 08 Aug 2022, 7:47 pm » wrote: ↑ We didn't going into a recession when Trump was president...because he's competent...even though you tried to equate him with Biden.