Tag Archives: drug companies

A couple more things…

Well…have been reading quite a bit today….okay, I do that everyday so I guess it’s not unusual…in that reading, I did find a couple of tidbits that shed some light on the effects that ole Mitt’s economic proposals would have if he were elected…first…the WAPO has a new series going on where they ask noted economists whose plans will have the best effect for the economy if implemented…so far, they have all come down on Obama’s side saying that Mitt’s plans to cut spending and lower taxes for the rich will make the economy worse….since those spending cuts will result in real job losses across the economy and tax cuts for the rich will explode the deficit. One of the other planks of ole Mitt’s plans is to continue to deregulate everything in business, but an interesting story in the Trib today shows how drug companies, in the part of the industry that is not regulated, have been stealing billions from you and me by paying generic drug manufacturers to not introduce generic versions of their cash cows…in essence colluding to fix prices…and ole Mitt wants more of this? Oh, yeah…that’s right, he has gotten the bulk of the campaign funding from this industry…I guess they are trying to ensure there is no competition in the presidential race, too. No wonder ole Mitt doesn’t want to reveal any details of his plans, stupid as they are….geez…