Wednesday, March 15, 2023

Biden admin to fine drug makers for price hikes faster than inflation

Government price controls are never a good idea especially not during times of price inflation! This is a very slippery slope!

Typical for the senile and demented 46th President and his largely incompetent administration!

The criterion is also seriously flawed! Prices for drugs move differently than price of other products etc. etc.!

"The Biden administration will fine drugmakers who hiked prices faster than the rate of inflation on 27 medications administered in physicians’ offices, the agency said Wednesday. ..."

Biden admin to fine drug makers for price hikes - STAT

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