Andylusion
Platinum Member
like frasier told woody one day "it means you don't understand it, and you never will"...... You are the dumbest idiot....
Ok, so let's do what you say! Let's do exactly what you want, and let's all share in the Feds socialist policies.
Here we go..... we're going to share in the Fed's policies.
So first, you need an asset.
Let's assume you own a house.
So you sell the asset, the deed to your house, to the Federal Reserve. Then the Federal reserve will.... give you a Capital Reserve Credit, to your account at the Federal Reserve.
Are you better off now?
No you are not. In fact, now you don't own a house, but you have a credit at the Federal Reserve bank.
You still don't have any money from that, because you can't withdraw from your capital reserve account.
So.... Hey, at least you are sharing those super socialist policies at the Fed.
The dumbest things. No matter how many times we explain how the system works, you are still an idiot.Well yes. If we had a free-market, all of that would be much cheaper.
That said, I'm not sure what your issue with insulin is. As I've posted before, you can get a full years supply of insulin, for just $360. Now, even if you worked McDonald's, that would be just one weeks check.
So that market is pretty reasonable.
I'm not even sure about Epi-Pen either. From what I've seen, it's $100 for 32 of them.
If you need 32 of these a year, then I think you have bigger problems.
What is your complaint with either?
My complaint is you didn't see what you claimed to see.
That is a valid concern. I freely admit, I'm not an expert on the subject.
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What am I not seeing?
Massive price increases on EpiPens raise alarm
Regulations on "capitalism" is what you are missing.
Now this is ironic...
So I did some digging into this, just for amusement.
Once again, the socialists blow their own foot off, with socialism, and blame capitalism for their own incompetence.
You stupid brainless fools... This is level of absolute stupidity, is exactly why Trump got elected.
There are two specific reasons Epi-Pens went up in cost.
The cost of Epi-Pens was negotiated by Mylan and Insurance companies. As a result, prices were fairly stable.
Then the government got involved with ObamaCare, and deductibles dramatically increased, and as a result the cost of EpiPens were pushed onto consumers in higher prices, because the insurance companies were no longer involved.
So reason number one.... socialism.
And then the bigger of the two reasons, and most important....
A lack of free-market competition. Now that is fascinating isn't it.
Did you know that epinephrine is not even patented? Did you know that epinephrine has been synthesized since about 1906?
So let me ask you.... how is it that there is only one single supplier of epinephrine auto injectors in the entire US market?
Doesn't that make you curious? Are you not even a tad confused how in a free market, where it costs 10 cents to make a dose, and can be sold for $25, that not a single capitalist in the entire country thought.... "Hey I could make this, and sell it for $10, and make a killing!"?
Does your tiny little left-wing brain, not have the slightest curiosity as to why Capitalists always looking for a profit, have not jumped on this?
Well of course not. Of course you are not smart enough to ask questions, because if you were, you would ask, find out, and then stop being a left-winger.
Because the answer is... Government is why no capitalist has jumped into the epinephrine market. Government has prevented a free-market. And the result has been higher prices, and you idiots crying about Capitalism.
The irony is, you point to Europe, and yet Europe in this specific instance, is actually more capitalist, which is exactly way prices are lower. There are dozens of competitors in Europe, and because of competition in the market, the price is lower.
Reverse Voxsplaining: Drugs vs. Chairs
Let me ask Vox a question: when was the last time that America’s chair industry hiked the price of chairs 400% and suddenly nobody in the country could afford to sit down?You people are the reason we have problems with expensive health care. You people. You people on the left, with all your regulations, and government controls, you are the cause of high prices.
If a chair company decided to charge $300 for their chairs, somebody else would set up a woodshop, sell their chairs for $250, and make a killing – and so on until chairs cost normal-chair-prices again. When Mylan decided to sell EpiPens for $300, in any normal system somebody would have made their own EpiPens and sold them for less. It wouldn’t have been hard. Its active ingredient, epinephrine, is off-patent, was being synthesized as early as 1906, and costs about ten cents per EpiPen-load.
Why don’t they? They keep trying, and the FDA keeps refusing to approve them for human use. For example, in 2009, a group called Teva Pharmaceuticals announced a plan to sell their own EpiPens in the US. The makers of the original EpiPen sued them, saying that they had patented the idea epinephrine-injecting devices. Teva successfully fended off the challenge and brought its product to the FDA, which rejected it because of “certain major deficiencies”. As far as I know, nobody has ever publicly said what the problem was – we can only hope they at least told Teva.
You stupid ignorant fools, are the cause of every single problem in our country.
If this was factual the prices wouldn't have plummeted after people demanded something be done.
What do you mean? People demanded something be done. What they did, was allow a competitor into the market. Logically with more competition, prices dropped.
IF they allowed even more competition, like Europe, prices would drop more.
The market is reacting exactly as expected given the level of free-market capitalism the government allowed.
When the government allowed very little... the prices went up.
As the government allowed a little more... the prices went down.
Once you research everything that affected Epipen, the market is behaving exactly as anyone with a thinking mind, would expect it too.