837 Comments
User's avatar
⭠ Return to thread
Michael D (Piketty)'s avatar

Got it. So using your logic Big Pharma spends hundreds of millions on lobbyists fighting Universal Health Care and ACA as part of a "PR" game. In reality they would rather have the lower margins the countries that already have Single Payer health care. Am i summarizing your logic clearly?

Moderna / Pfizer gets $15 per jab. If an unvaccinated person goes to the hospital with Covid it costs the government $20k and they buy a shit load of drugs from Pharma, far more than $15 worth. Hell hosptitals charge $15 for an asprin.

Your logic is cracking me up Frank Lee...

Expand full comment
Frank Lee's avatar

You assume that the American government will negotiate with private big pharma for drug cost savings. Where in hell would you derive that expectation given the current reality? Have you read the WSJ expose on all the politicians and government officials that traded in advance of pandemic-related policies? $15 per jab paid for by the government... the same government that mandates the jab or else you get fired from your government job, or otherwise cannot do many things the government can control.

You don't seem to be following the real money very well here. It is our American corporatist system. Big business LOVES big government and visa versa.

We see this common behavior from the large corporations virtue signaling one media identity while supporting only those policies that would improve their consolidation of market share and return more profit and more value to owners. What better move than to lock in a big government contract!?

Expand full comment
Michael D (Piketty)'s avatar

<<You assume that the American government will negotiate with private big pharma for drug cost savings. Where in hell would you derive that expectation given the current reality? >>. FL

The problem with your narrative is that Medicare already negotiates lower drug prices than private health insurance companies.

On top of that every country around the world that has Single Payer pays less than the US...

So your excuse is not going to fly... Medicare proves you wrong.

But keep on making up excuses. Pharma is paying propaganda sources like FOX and Ben Shapiro to convince you we can never have a health care system that is already up and running in the US. Big Pharma pays a lot to get you to think the way you think.

Expand full comment