Treasury Secretary Snow

[ljb]

Republican treasury secretary Snow told Ohio republicans the dismal job situation under the Bush administration is a MYTH.
They just don't get it do they?

[sq764]

John Kerry and John Edwards thinks importing meds from other countries over US meds, made by US workers, is not a form of outsourcing.

They just don't get it, do they?

[ljb]

Not that I am concerned. That is exactly why Bush senior got spanked by Clinton. As for the drugs coming from Canada, they are being made in America.

[sq764]

Id be interested in reading some info on the drugs being made in the US

[Tom]

Originally posted by ljb
Not that I am concerned. That is exactly why Bush senior got spanked by Clinton. As for the drugs coming from Canada, they are being made in America.

Please provide data to support your false accusations.

[GameTheory]

That is true. They are made in the U.S., but labelled according to Canadian law. They're the same drugs. However, the prices are low in Canada because Canadian law sets the prices. The drug companies are not going to allow wholesale "reimportation" (as it is called) of drugs they to sell to Canada to return to the US, undercutting their higher prices here. More likely that generic drugs are a more viable answer than selling to Canada, and then rebuying them here. That isn't a permanent solution.

Some recent and less recent articles:
http://story.news.yahoo.com/news?tmpl=story&cid=97&ncid=751&e=8&u=/hsn/20041013/hl_hsn/despiteusbandrugimportprogramsproliferate
http://www.billingsgazette.com/index.php?id=1&display=rednews/2004/10/13/build/local/70-canada-drugs.inc
http://www.aarp.org/bulletin/prescription/Articles/a2003-11-05-states_revolt.html
http://www.intelihealth.com/IH/ihtIH/WSIHW000/35320/35326/372054.html?d=dmtHMSContent
http://www.fda.gov/fdac/features/2002/502_import.html

[betchatoo]

Originally posted by Tom
Please provide data to support your false accusations.

I see some links are provided in the post above so i don't have to do it. Tom, these aren't false accusations. American drug companies sell their products cheaper to Canadians and Europeans than they do to Americans. They then make up profits here at home. Personally I think it's unethical. While it's true they have to make up research costs they often inflate those wildly and their profit margins are as great as those of oil companies.

[DJofSD]

Personally I think it's unethical.

Why is that unethical?

While it's true they have to make up research costs they often inflate those wildly...

What proof do you have of that? Between the SEC and the IRS don't you think this would be difficult to do?

... and their profit margins are as great as those of oil companies.

I see a couple of dirty words here: profit and oil.

If you think profit margins are too large, let me ask you this: do you give back anything to the track when you cash a winning ticket that pays more than the ML?

What's wrong with the oil companies having a profit margin? How do you know it's a large profit margin? You imply that the profit margin is too large. Why don't you tell us what is an acceptable profit margin.

DJofSD

[betchatoo]

[QUOTE]Originally posted by DJofSD
[B]Why is that unethical?

Why do I think it's unethical to charge the people in this country more than you charge those in other countries? Gee, maybe because as an American firm you ought to be taking care of those people in the country that gave you the opportunity instead of gouging them

What proof do you have of that? Between the SEC and the IRS don't you think this would be difficult to do?
http://seniorhealth.about.com/cs/prescriptiondrugs/a/high_drug_price.htm


I see a couple of dirty words here: profit and oil.

If you think profit margins are too large, let me ask you this: do you give back anything to the track when you cash a winning ticket that pays more than the ML?

No, but I would be willing to accept the morning line if the track will

What's wrong with the oil companies having a profit margin?
There's nothing wrong with profit. Without it the country couldn't run.

How do you know it's a large profit margin?
There have been numerous studies. Here is one article

http://www.ucan.org/law_policy/gasoline/AssemblyComments3-26-04.html

[schweitz]

The only result of the US getting drugs from Canada would be the end of cheap drugs in Canada.

[betchatoo]

Originally posted by schweitz
The only result of the US getting drugs from Canada would be the end of cheap drugs in Canada.

You may be right. But shouldn't people question why, if they can sell drugs to Canada for these prices, they can't sell them in the U.S. for the same price?

[sq764]

So we are going to manufacture the meds in the US, sell them to Canada, then buy them back from Canada at an inflated rate.. Brilliant

[schweitz]

Originally posted by betchatoo
You may be right. But shouldn't people question why, if they can sell drugs to Canada for these prices, they can't sell them in the U.S. for the same price?

Don't have an answer but do have a theory. The population of Canada is approx. 10 % of the US population so it's reasonable that the drug companies are willing to accept a low profit margin on the small volume of drugs sold to Canada in order to get their business. Whatever the reason I'm not happy about it either.

[Secretariat]

Originally posted by sq764
John Kerry and John Edwards thinks importing meds from other countries over US meds, made by US workers, is not a form of outsourcing.

They just don't get it, do they?

You dummy. Most of those Canadian meds are made in the USA by US pharmaceutical companies and sold in Canada. Peopel have been going across the border for years. You don't get it. They're the same American drugs just sold cheaper in Canada. The irony is that Bush outsoorced the entire flu vaccine to another country, and now looked like a dope last night when talking about it.

As to LJB's post on Treasury Secretary Snow...this guy is losing it. And Ohio workers know it. This is the same guy who claims outsourcing is good for America. I'd love to see him on Lou Dobbs. He'd annihliate him.

[sq764]

Ahh, namecalling.. The sign of a beaten man who only has 19 days of hope left..

[schweitz]

Originally posted by Secretariat
The irony is that Bush outsoorced the entire flu vaccine to another country, and now looked like a dope last night when talking about it.



WRONG, as usual---the flu vaccine problem is a result of Clinton's National Vaccine Plan.

[ljb]

From schwietz
WRONG, as usual---the flu vaccine problem is a result of Clinton's National Vaccine Plan.

Damn Schwietz, you are really stretching now. Been sometime since the rightys tried to blame Clinton for another one of Bush's botches. He has been in office for near four years now, when is he going to take responsibilty for anything?
Oh wait a minute he can't remember any mistakes. :D :D :D

[Secretariat]

Originally posted by schweitz
WRONG, as usual---the flu vaccine problem is a result of Clinton's National Vaccine Plan.

Clinton? Good god...you guys are desperate. Uh-he left office 4 years ago...You mean Mr. Bush could not create a backup plan, OR find a way to get Amercian companies Or scientists within the government to address this. It is so ironic that Bush talks about protecting American's seniors from out of country medicines, BUT relies almost entirely on another nation to address the whole flu vaccine Pathetic.

I have one question. If he is re-elected and it is 2007, will you guys still be blaming Clinton. After all GW can't think of one mistake he's ever made. The hubris.

[Tom]

Originally posted by betchatoo
I see some links are provided in the post above so i don't have to do it. Tom, these aren't false accusations. American drug companies sell their products cheaper to Canadians and Europeans than they do to Americans. They then make up profits here at home. Personally I think it's unethical. While it's true they have to make up research costs they often inflate those wildly and their profit margins are as great as those of oil companies.

And can you guarentee that ALL the drugs are like this, and not third world knock offs mixzed in that are not manufactured wtihout propler quality control? China leads the world in knockl off merchandise....would you want to take a drug made in China, the home of the flu and worse? Not me.

[Equineer]

Originally posted by sq764
So we are going to manufacture the meds in the US, sell them to Canada, then buy them back from Canada at an inflated rate.. Brilliant You have managed to invert the immediate impact of importing U.S. drugs from Canada... just as you did about what you called "outsourcing tax incentives" in another thread.

That said, I believe drug importation is like many pari-mutuel propositions... will be financially doomed if too heavily favored.

[betchatoo]

Originally posted by Tom
And can you guarentee that ALL the drugs are like this, and not third world knock offs mixzed in that are not manufactured wtihout propler quality control? China leads the world in knockl off merchandise....would you want to take a drug made in China, the home of the flu and worse? Not me.

I can't guarantee that all the drugs I get here aren't knock offs from somewhere else. I know life doesn't come with guarantees.

I also know that I'm mad that we sell drugs to other countries cheaper than we sell them to our own citizens. And I'm surprsed you're not.

[Tom]

Originally posted by betchatoo
I can't guarantee that all the drugs I get here aren't knock offs from somewhere else. I know life doesn't come with guarantees.

I also know that I'm mad that we sell drugs to other countries cheaper than we sell them to our own citizens. And I'm surprsed you're not.

I am. I am in favor of strict governent regualtion of drug pricing. Simnple concept, whatever the cheapest price you sell them for utside our borders is what you sell them for inside them.
Right now, we are spending $10 million dollars on health care INSIDE MEXICO! in what Tommy Thompson calls a good investment for American health care, because when they enter the US illeagally, they will be healthier and not make us sick!
Where was that questin last night? That money could be helping our citizens pay for drugs. This idiot presidnet of Mexico...has he got photos of Bush and some bimbo in a Motel 6 or what? Bush's relations with Mexico defy logic. Has anyone told him that Mexico doesn't have any elctoral votes?

[Steve 'StatMan']

I'd like the problems regarding high drug prices in the U.S. from U.S. companies to be corrected and solved, with purchasing them through Canada and other countries as a second choice.

I know lawsuits and liability are a big expense with drugs and medicine. But it seems to me that all these TV adds in Prime Time shows for perscriptions drugs is a major, and very unnessary expense. Convince my Doctor, and he'll reccomend and perscribe them for me if I need them. If he doesn't agree, he's not going to perscribe them.

How much money was spent tonight during the ballgame tonight just trying to convince men and/or couples to ask their doctor for a drug that'll help the man get a boner either on demand, or within 36 hours. Ridiculous major expense to me. I would think nearly every American adult with a TV set knows help is available if and when they ever need it. See a doctor, and they can set people up with the right one.

[Equineer]

Steve'StatMan'BTW,

I know a successful drug rep for some very expensive products, with a territory that spans parts of three states. He actually has an expense quota as well as a sales quota. Flew 50+ doctors and wives on just one round-trip junket to Florida last year. Regularly is expected to pick up restaurant tabs for the full staffs of medical offices, and has even set up office group trips to regional casino/resort complexes. Was shocked to learn from him that pharmacies are sometimes offered financial incentives... some institution-affiliated pharmacists "earn" big "incentive" awards.

[JustRalph]

Originally posted by Equineer
Steve'StatMan'BTW,

I know a successful drug rep for some very expensive products, with a territory that spans parts of three states. He actually has an expense quota as well as a sales quota. Flew 50+ doctors and wives on just one round-trip junket to Florida last year. Regularly is expected to pick up restaurant tabs for the full staffs of medical offices, and has even set up office group trips to regional casino/resort complexes. Was shocked to learn from him that pharmacies are sometimes offered financial incentives... some institution-affiliated pharmacists "earn" big "incentive" awards.


Oh, this is the tip of the iceberg. Equine is dead on when it comes to the pharmacy reps and what they do. I have a friend who is a doctor. Family practice type. He has told me stories about being offered all kinds of "vacations" and such. Not to mention rental cars and more. He calls the reps........."side effect peddlers"..............

[ljb]

from Just Ralph
Oh, this is the tip of the iceberg. Equine is dead on when it comes to the pharmacy reps and what they do. I have a friend who is a doctor. Family practice type. He has told me stories about being offered all kinds of "vacations" and such. Not to mention rental cars and more. He calls the reps........."side effect peddlers"..............


And all the time I thought we were paying the long dollar for meds because of R&D ? Go figure.