Medicare Drug Benifit Cost Soars by a Third, Deficit over 1/2 Trillian Projected

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BaliBabyDoc

Lifer
Jan 20, 2001
10,737
0
0
When FICA is repealed you can claim 1/2 the people pay no FEDERAL taxes. In the meantime, the GOP (that you apparently approve of) has been busy spending the money of future generations of American taxpayers.
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: BaliBabyDoc
When FICA is repealed you can claim 1/2 the people pay no FEDERAL taxes. In the meantime, the GOP (that you apparently approve of) has been busy spending the money of future generations of American taxpayers.

And when FICA is repealed it will get worse as no one will have to pay for their SS benefits. But hey dont worry about SS, because it is based on taxing future generations and the democrats love that program.
 

datalink7

Lifer
Jan 23, 2001
16,765
6
81
Originally posted by: Vic
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship." - Sir Alex Fraser Tyler (1742-1813), The Decline and Fall of the Athenian Republic

It's a good thing we're not a democracy then, but rather a democratic republic.
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: datalink7
Originally posted by: Vic
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship." - Sir Alex Fraser Tyler (1742-1813), The Decline and Fall of the Athenian Republic

It's a good thing we're not a democracy the, but rather a democratic republic.

In the words of Ben Franklin "Its a republic, if you can keep it."
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: datalink7
Originally posted by: Vic
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship." - Sir Alex Fraser Tyler (1742-1813), The Decline and Fall of the Athenian Republic
It's a good thing we're not a democracy then, but rather a democratic republic.
Not anymore we're not. The Constitution was the last thing that kept us a republic and it is now a "living document" that can be changed according to the whims of the times and the majority.
No, we are a full-blown democracy right now, one step above mob rule and slipping. We are already well into Sir Alex's prediction and in fact much closer to fiscal disaster than you might think.

For example, why are you going to vote for 30? Because it will keep your school costs down right? Bingo.
Who will you vote for President in the fall? Whoever gives you what you want right? That's what most people will do even if you do vote with your conscience (which would then put you in the minority).

"We have met the enemy and they is us."

edit:
Originally posted by: charrison
In the words of Ben Franklin "Its a republic, if you can keep it."
We have not kept it.
Think about it: the hottest issue on the 2000 ticket was something that the federal government doesn't even constitutional powers to.
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: Bowfinger
Originally posted by: DanJ
Originally posted by: xxxxxJohnGaltxxxxx
Originally posted by: DanJ
I think you mean Bush is going to cripple the economy.

Because his proposal is hardly health care
How so? What has Ted "Pour me another" Kennedy been telling you?
Well, as for the economy, I think the deficit and the loss of jobs in the last 3 years speaks for itself, no?

As for the medicare plan, it makes illegal importing drugs from Canada, the same drugs we get here but we have to pay FAR FAR more for. Also, it disallows the negotiation of lower drug prices by the Government, profiting you guessed it.

Who are we protecting again? Right.
Good point. I'm curious how the Bush supporters justify this. What is the public benefit of forbidding negotiating lower drug prices? What is the public benefit of preventing people from buying cheaper drugs in Canada?

Better yet, why not adopt the same kind of best-price requirement used in so many other government procurement contracts? These clauses require vendors, drug companies in this case, to give the government the best price offered to anyone else. If Canada negotiates a better price, we automatically get it too.
Anyone going to try to defend this, or can we all agree this is solely and exclusively for the benefit of big pharmaceuticals at the expense of the American taxpayers?

 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Who will make the drugs when they have to be sold for free?
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: Bowfinger
Originally posted by: Vic
Who will make the drugs when they have to be sold for free?
What are you talking about?
What does it sound like I'm talking about?
Who will make your great cure-all god drugs when the companies that develop them are prohibited from profiting from them?
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: Vic
Originally posted by: Bowfinger
Originally posted by: Vic
Who will make the drugs when they have to be sold for free?
What are you talking about?
What does it sound like I'm talking about?
Who will make your great cure-all god drugs when the companies that develop them are prohibited from profiting from them?
OK, thanks. I just wanted to confirm this was just a dishonest straw man. Thanks for the diversion.
 

datalink7

Lifer
Jan 23, 2001
16,765
6
81
For example, why are you going to vote for 30? Because it will keep your school costs down right? Bingo.

Actually, I'm probably going to vote no on 30. I said a reason to vote yes on it would be that it would keep my school costs down. I didn't say I was going to vote for it.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: Bowfinger
Originally posted by: Vic
Originally posted by: Bowfinger
Originally posted by: Vic
Who will make the drugs when they have to be sold for free?
What are you talking about?
What does it sound like I'm talking about?
Who will make your great cure-all god drugs when the companies that develop them are prohibited from profiting from them?
OK, thanks. I just wanted to confirm this was just a dishonest straw man. Thanks for the diversion.
Sorry, you might want to learn what a strawman is. I misrepresented nothing. You proposed price controls. I presented the inevitable outcome of price controls.
After all, the question was, "What is the public benefit of forbidding negotiating lower drug prices?"
The public benefit is continued research and development into newer and better drugs. Not that hard to figure out is it?

The real question should be, "Why does the government buy so many drugs for people?" but I'm fairly certain (from reading a few of your posts) that you don't want to hear that one.
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: Vic
Originally posted by: Bowfinger
Originally posted by: Vic
Originally posted by: Bowfinger
Originally posted by: Vic
Who will make the drugs when they have to be sold for free?
What are you talking about?
What does it sound like I'm talking about?
Who will make your great cure-all god drugs when the companies that develop them are prohibited from profiting from them?
OK, thanks. I just wanted to confirm this was just a dishonest straw man. Thanks for the diversion.
Sorry, you might want to learn what a strawman is. I misrepresented nothing. You proposed price controls. I presented the inevitable outcome of price controls.
After all, the question was, "What is the public benefit of forbidding negotiating lower drug prices?"
The public benefit is continued research and development into newer and better drugs. Not that hard to figure out is it?

The real question should be, "Why does the government buy so many drugs for people?" but I'm fairly certain (from reading a few of your posts) that you don't want to hear that one.
No, sorry. Your "inevitable outcome of price controls", i.e., drug companies are "prohibited from profiting from them" is the dishonest straw man. It is an absurd position, easy for you to attack, yet bearing no resemblance to my real position. No one is suggesting drug companies cannot profit. However, in accordance with the principles of capitalism and a free market, the government should be free to negotiate for the best possible price.

Indeed they should be required to do so because it is in the taxpayers' best interests (that's who the government works for, by the way). They do it for other government purchases. Why should drugs be any different? Just because they paid off Congress, big pharmaceuticals get to gouge the American public whatever they want, even while they charge dramatically lower prices in Canada and other countries? Screw that. If they need more money for research, spread the cost around. There is zero justification for making U.S. citizens pay disproportionately.
 

BaliBabyDoc

Lifer
Jan 20, 2001
10,737
0
0
Most . . . nevermind . . . none of you have a clue how Big Pharma operates in America. Price controls will not cripple R&D and most of the "lifesaving therapies" from Big Pharma are being deserted (vaccines, antibiotics) in favor of "lifestyle" medications. As a physician I would say pharmacogenomics (learning how to give the right drug based on a persons genotype/phenotype) is a much better investment than the next generation erection pill. It's perfectly fine for the government to fund pharmacogenomic research much like it's funded Big Pharma through basic science research, graduate/post graduate training for scientists, and Medicare/Medicaid/VA.

How ridiculous has the system become? news
NEW YORK (Reuters) - Four prominent medical organizations warned on Tuesday that a widely prescribed class of antipsychotic drugs increase the risk of diabetes, echoing concerns raised by U.S. regulators and researchers.
The American Diabetes Association, American Psychiatric Association, American Association of Clinical Endocrinologists (news - web sites) and the North American Association for the Study of Obesity joined forces in a statement published in the February issue of Diabetes Care.
Now in response to such an unambiguous iatrogenic effect . . . the drug company response . . .

Zyprexa has annual sales of some $4 billion and accounts for about half Lilly's profit. The company said it is not clear whether there is a direct link between its drug and diabetes.
Curiously, though Lilly has funded several intervention studies trying to prevent metabolic dysregulation secondary to olanzapine (Zyprexa). And the rumor mill is that Lilly will throw big money at researchers working on effective therapies. So a great drug for psychosis but a serious side effect. Ziprasidone (Geodon) is sold by the evil empire . . . others call them Pfizer. Not only is ziprasidone equally effective but it doesn't cause metabolic dysregulation in adults (but it makes kids fat . . . oh well). When ziprasidone was released the drug reps from some unnamed company . . . LILLY . . . would troll the hospitals, clinics, and offices telling MDs that ziprasidone was unsafe b/c it could potentially cause a fatal heart arrhythmia . . . which turned out to be as reliable as WMD stockpiles in Iraq. Pfizer is getting a decent share of the pie these days though; about $1.5-2B a year globally.

The best though was a statement by an executive at GlaxoSmithKlineBeecham who finally told the truth that every decent doctor has known since stumbling out of medical school . . . many if not MOST medications are insufficient as primary therapy. Despite having higher copays for office visits and medication . . . antipsychotics and antidepressants . . . as classes are the most effective drugs on the market. In the meantime, Americans spend MANY billions of dollars on medications that are providing nominal benefit. The most responsible party is the medical profession but the lazy, uncooperative, ill-informed patients, profit-driven drug company, and idiotic, duplicitous politicians are scarcely better.

In sum, the drugs we need most (better, more vaccines and better, more antibiotics) are not being made b/c there's not ENOUGH profit. The drugs that are less important (PDEIs . . . think one-eyed yogurt shooter) and less effective (AchEI . . . think Reagan) keep rolling out of Big Pharma's plants.
 

Zephyr106

Banned
Jul 2, 2003
1,309
0
0
Good point. I'm curious how the Bush supporters justify this. What is the public benefit of forbidding negotiating lower drug prices? What is the public benefit of preventing people from buying cheaper drugs in Canada?

Better yet, why not adopt the same kind of best-price requirement used in so many other government procurement contracts? These clauses require vendors, drug companies in this case, to give the government the best price offered to anyone else. If Canada negotiates a better price, we automatically get it too.
--------------------------------------------------------------------------------


Anyone going to try to defend this, or can we all agree this is solely and exclusively for the benefit of big pharmaceuticals at the expense of the American taxpayers?

The Canadians are unGodly immoral heathens. We don't want their liberal drugs. Because true believers here in the States don't need no stinkin' scienmetific medicine, faith healing cures all!

Zephyr
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
1-30-2004 Ted Kennedy's health plan would cut competition, jobs

Ted Kennedy says, "If we're going to make real progress on health reform, someone has to take on drug company and insurance company profits, and clearly it's not George Bush."

Wow, let's lower stock prices, reduce new drug development, eliminate some companies so we will have less competition and reduce the number of employees at these companies.

Ted probably deserves more respect than I give him, but then I give him none at all.

David Long

Gainesville
----------------------------------------------------------------------------------------------
Yeah, the Stock prices, all the new High priced, no competition Drugs have done us fantastic now haven't they? ;) :D
 

Zephyr106

Banned
Jul 2, 2003
1,309
0
0
IIRC the problem started with that stupid law Clinton signed allowing commericals and ads for prescription drugs. So now companies spend 10x the money on ads that they spend on research. So don't give this whining about cheaper prices mean less research. And now stupid consumers go to their doctors and ask for a drug they saw on TV, the doctor prescribes it so he doesn't loose a patient. Half the commericals don't even say what the drug does, the only people recommending drugs should be doctors, not the TV.

Zephyr
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: sandorski
Originally posted by: SuperTool
http://www.washingtonpost.com/ac2/wp-dyn/A64627-2004Jan30?language=printer
Another Bush administration lie costing us hundreds of billions.

Oops, again.

That's funny - the objection(inpart) from the left was that it didn't spend enough(cost enough). Now that this entitlement actually does cost/spend more - the left still isn't happy. How much bigger does it need to be to please them? Yes yes - we all know the whining about controlling pricing will come up but that is BS. It wouldn't be an issue if the damn entitlement would have been passed in the first place and the gov't doesn't need to get it's grubby paws on any more markets than it does now in regards to pricing regulation. The left has been trying to get prescription coverage for seniors passed for years and never delivered - now it seems like it's just sour grapes or that it was used as a partisan wedge issue by them;) Either one seems to fit.

This entitlement sucks - should be scaled back if not eliminated - and then restructure our WHOLE welfare type system. Set the rules - adjust for inflation - then quit whining. Seems they both want to bicker about it more than they actually want to solve our entitlment and welfare problems.

CkG
 

SuperTool

Lifer
Jan 25, 2000
14,000
2
0
Originally posted by: CADkindaGUY
Originally posted by: sandorski
Originally posted by: SuperTool
http://www.washingtonpost.com/ac2/wp-dyn/A64627-2004Jan30?language=printer
Another Bush administration lie costing us hundreds of billions.

Oops, again.

That's funny - the objection(inpart) from the left was that it didn't spend enough(cost enough). Now that this entitlement actually does cost/spend more - the left still isn't happy. How much bigger does it need to be to please them? Yes yes - we all know the whining about controlling pricing will come up but that is BS. It wouldn't be an issue if the damn entitlement would have been passed in the first place and the gov't doesn't need to get it's grubby paws on any more markets than it does now in regards to pricing regulation. The left has been trying to get prescription coverage for seniors passed for years and never delivered - now it seems like it's just sour grapes or that it was used as a partisan wedge issue by them;) Either one seems to fit.

This entitlement sucks - should be scaled back if not eliminated - and then restructure our WHOLE welfare type system. Set the rules - adjust for inflation - then quit whining. Seems they both want to bicker about it more than they actually want to solve our entitlment and welfare problems.

CkG

So does it suck or is it just sour grapes? It's hard to see where you Bush apologists are going. It's like you are stuck between apologizing for Bush's government explosion and trying to keep a straight face when you pretend to be fiscal concervatives.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: SuperTool
Originally posted by: CADkindaGUY
Originally posted by: sandorski
Originally posted by: SuperTool
http://www.washingtonpost.com/ac2/wp-dyn/A64627-2004Jan30?language=printer
Another Bush administration lie costing us hundreds of billions.

Oops, again.

That's funny - the objection(inpart) from the left was that it didn't spend enough(cost enough). Now that this entitlement actually does cost/spend more - the left still isn't happy. How much bigger does it need to be to please them? Yes yes - we all know the whining about controlling pricing will come up but that is BS. It wouldn't be an issue if the damn entitlement would have been passed in the first place and the gov't doesn't need to get it's grubby paws on any more markets than it does now in regards to pricing regulation. The left has been trying to get prescription coverage for seniors passed for years and never delivered - now it seems like it's just sour grapes or that it was used as a partisan wedge issue by them;) Either one seems to fit.

This entitlement sucks - should be scaled back if not eliminated - and then restructure our WHOLE welfare type system. Set the rules - adjust for inflation - then quit whining. Seems they both want to bicker about it more than they actually want to solve our entitlment and welfare problems.

CkG

So does it suck or is it just sour grapes? It's hard to see where you Bush apologists are going. It's like you are stuck between apologizing for Bush's government explosion and trying to keep a straight face when you pretend to be fiscal concervatives.

No, the pretending is not coming from I.;) I don't like more entitlements. The problem here is that it's been used as an issue of the left for so long that now that it actually was passed by someone other than them - they need to bad mouth it because of partisanship. Bush campaigned on this idea of prescription drug coverage. I didn't like it then, and I don't like it now. I really wish he would have just left the thing alone and let the "concerned" side of the aisle keep promising but never delivering. But anyway - yeah, it's hard to see where the left is going, or where they came from. According to dean - UHC has been on the platform since 1958? but the left has never delivered that....Hmmm I wonder why? Maybe because people don't want it, or don't want more gov't control of their lives.
This legislation sucks because it is an entitlement - no more info is needed. It doesn't suck because of it's size, it doesn't suck because it's too small, it doesn't suck because it doesn't cap prices, it doesn't suck because it does this or that - it sucks because it is just one more entitlement that will bleed working Americans dry.

CkG
 

SuperTool

Lifer
Jan 25, 2000
14,000
2
0
Originally posted by: CADkindaGUY
Originally posted by: SuperTool
Originally posted by: CADkindaGUY
Originally posted by: sandorski
Originally posted by: SuperTool
http://www.washingtonpost.com/ac2/wp-dyn/A64627-2004Jan30?language=printer
Another Bush administration lie costing us hundreds of billions.

Oops, again.

That's funny - the objection(inpart) from the left was that it didn't spend enough(cost enough). Now that this entitlement actually does cost/spend more - the left still isn't happy. How much bigger does it need to be to please them? Yes yes - we all know the whining about controlling pricing will come up but that is BS. It wouldn't be an issue if the damn entitlement would have been passed in the first place and the gov't doesn't need to get it's grubby paws on any more markets than it does now in regards to pricing regulation. The left has been trying to get prescription coverage for seniors passed for years and never delivered - now it seems like it's just sour grapes or that it was used as a partisan wedge issue by them;) Either one seems to fit.

This entitlement sucks - should be scaled back if not eliminated - and then restructure our WHOLE welfare type system. Set the rules - adjust for inflation - then quit whining. Seems they both want to bicker about it more than they actually want to solve our entitlment and welfare problems.

CkG

So does it suck or is it just sour grapes? It's hard to see where you Bush apologists are going. It's like you are stuck between apologizing for Bush's government explosion and trying to keep a straight face when you pretend to be fiscal concervatives.

No, the pretending is not coming from I.;) I don't like more entitlements. The problem here is that it's been used as an issue of the left for so long that now that it actually was passed by someone other than them - they need to bad mouth it because of partisanship. Bush campaigned on this idea of prescription drug coverage. I didn't like it then, and I don't like it now. I really wish he would have just left the thing alone and let the "concerned" side of the aisle keep promising but never delivering. But anyway - yeah, it's hard to see where the left is going, or where they came from. According to dean - UHC has been on the platform since 1958? but the left has never delivered that....Hmmm I wonder why? Maybe because people don't want it, or don't want more gov't control of their lives.
This legislation sucks because it is an entitlement - no more info is needed. It doesn't suck because of it's size, it doesn't suck because it's too small, it doesn't suck because it doesn't cap prices, it doesn't suck because it does this or that - it sucks because it is just one more entitlement that will bleed working Americans dry.

CkG

So instead Bush set up a new system where the government has to pay monopoly prices for drugs without any price negotiation ability. This is going to explode, not unlike the CA energy crisis. If the government pays for things, it should have a right to negotiate prices, just like any other payer would.

Hmmm I wonder why? Maybe because people don't want it, or don't want more gov't control of their lives.
If that's the case, why did Bush and GOP congress make this law? Do you think if a Democrat president brought this proposal to the GOP congress, it would have passed? If you want smaller government, you need to have split government. It's entirely obvious to me that the GOP cannot be trusted with the pursestrings.