Monkey Man
Super Moderator
That's what they're saying here at any rate.
If this happens, I wonder who'll be complaining about it?
If this happens, I wonder who'll be complaining about it?
J
JDs Couch
Well-known member
It's literally impossible for prices to fall more than 100%. 100% would be free.
Monkey Man
Super Moderator
That's bad-faith bro'.
I'm quoting what they said and you know what they meant - 2x -> 10x reduction, IOW 10 -> 50% of the original prices.
I'm quoting what they said and you know what they meant - 2x -> 10x reduction, IOW 10 -> 50% of the original prices.
J
JDs Couch
Well-known member
I appreciate your clarification, but math is math man. Here's an explanation.
'Cutting drug prices by more than 100% would mean that Americans would get paid to acquire their medications rather than paying for them. Health economist Timothy McBride called Trump’s claims “just not logical,” noting that a 500% price reduction would mean that a drug that now costs $100 would cost…negative $400.
“I know of no drug company in the world that would give a person $400 to buy a drug that they are now pricing at $100,” McBride, a professor in the School of Public Health at Washington University in St. Louis, said in an email. “There are times we subsidize prices, but even then it is exceptionally rare for the size of the subsidy to exceed the price of the item, making the net price negative.”
Monkey Man
Super Moderator
Hilarious; as if I or most peeps didn't know.
Ironic that I watched the following video just yesterday:
Ironic that I watched the following video just yesterday:
Monkey Man
Super Moderator
Don't get me wrong; I'm not saying you're dumb, just that your response to the "unprecedented" news was 100% about the delivery and 0% the actual message, which was the only pertinent variable.
Is this because you can't bring yourself to give Trump any credit?
The question is rhetorical; I'm not responding further. Life's too-short brother.
Is this because you can't bring yourself to give Trump any credit?
The question is rhetorical; I'm not responding further. Life's too-short brother.
J
JDs Couch
Well-known member
Oh, no, if it actually happens I will be happy to give him credit. You and I already live in countries with reasonable health care unlike the USA. Anything to bring down drug prices is good. Of course, they are also canceling ACA subsidies which will drastically raise millions of Americans' health insurance rates.
I also give him credit for finally jerking Netanyahu's leash to stop the genocide, again only if it actually happens.
I'm totally fair.
RGX_Custom
Well-known member
You know that Trump is a compulsive liar. He'll say anything and make stuff up just to suit his narrative. He lies just as much or more than he breathes.
R
Robostyle
Well-known member
I think you know who lmao
R
Robostyle
Well-known member
Yet you hang on his every word.You know that Trump is a compulsive liar. He'll say anything and make stuff up just to suit his narrative. He lies just as much or more than he breathes.
Do you realize how insane this sounds?
shar-vell Dan
Well-known member
He lies, about evrything, everyday.
Nothing has fallen here, how bout Australia ?
84superchamp
Well-known member
You have to explain it very slowly and clearly for him. No big words, and use of pictures really helps.
J
JDs Couch
Well-known member
Perhaps you can explain how a price can drop by 1000%.
shar-vell Dan
Well-known member
Drug price are like taxes they only go up / never down.
MadAsAHatter
Well-known member
We're talking about prescription drug prices here, not the dollar store crack you get overcharged for on the street corner.
shar-vell Dan
Well-known member
dRump told people during C19 take take malaria drugs & horse de-wormer for covid. People actually died from that not from covid but the advise.
Sounds like sound medical advice. [pun] I haveta put PUN on there b/c someone will take that literally.
You have to be smarter than the things that wanna kill you or you ain't gonna make it.
He's a cheesy encylopedia saleman thats never had a job in his life. 2 bit hustle.
Sounds like sound medical advice. [pun] I haveta put PUN on there b/c someone will take that literally.
You have to be smarter than the things that wanna kill you or you ain't gonna make it.
He's a cheesy encylopedia saleman thats never had a job in his life. 2 bit hustle.
84superchamp
Well-known member
Yes, i think NBC, ABC, CBS and CNN all had that story or similar. Glad I know bullshit when I see/hear it.
RGX_Custom
Well-known member
J
JDs Couch
Well-known member
Still no one has stepped up to attempt to explain how a price can be cut by 1000% (because it's mathematically impossible)...
Monkey Man
Super Moderator
Nobody said they'll be cut by those amounts.
Here's the most-simple way I can explain it:
Think of it as "how many times cheaper" percentages.
If something's 3x cheaper, it's 300% cheaper. 10x cheaper therefore = 1000% cheaper.
Make sense? It's a mathematically-unconventional way of expressing how many times cheaper something is, but it makes perfect sense IMHO. If something's 300% cheaper, I'm obviously not paying nothing, but rather, 1/3 of the original price.
I had nothing better to do so I took you up on your offer. If you have a gold star for me, I'll accept it and pop it in my particimapation-trophy drawer.
