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Drugs and Price Controls

 Polling data indicates that the issues Democrats care most about are not the same as what independent voters, those who will decide the 2024 election, care about.

There is one issue that sounds good and could move votes: the cost of prescription drugs.

In the Venn diagram of issues Democrats care about and independent voters care about, there isn't a lot of overlap.

Democrats care deeply about abortion access, independents care about being able to afford food for their families.

First, while the drug industry does not elicit any sympathy from people, Deloitte estimated the cost of bringing a new drug to market at more than $2 billion.

If the government implements price controls, drug companies will not invest the billions to create new drugs and bring them to market if there is zero chance to recoup those costs.

As part of the "Inflation Reduction Act," congressional Democrats gave the Biden administration the ability to "Negotiate" the price of certain drugs in the Medicare system. 

https://www.americanthinker.com/articles/2023/11/drugs_and_price_controls.html

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