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ta daaaaa......once again, we are the ONLY country not negotiating pharmaceutical drug prices......nutso. That you for addressing this, President Biden. You and your team are the real deal.....not a game show.

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Socialism?

While the US market is free, sometimes it doesn't hurt to introduce a little bit of socialism in health sector. It is working else. It is working even in developing countries to cushion off the society from high medical expenses znd enable them access their basic rights of healthcare which translates into life.

The quest by President Biden to negotiate directly with the pharmaceutical companies over the drugs is the right step at the moment. The costs spent on drugs every year per capita is burgeoning towards $2000 per person, but in developing countries, this figure is even less than $500 because governments have chosen to adopt the single-payer system. If Biden succeeds in negotiations and revise the medicare provision that banned direct involvement of the government in price regulation, pharmaceutical companies wouldn't raise their prices anyhow. The costs of accessing healthcare services will be reduced drastically because of regulated pricing. It will also reduce the affinity for health providers to prescribe expensive drugs in their quest to gain more profits because of lack of comparative resrarch. Also, drug patent and exclusivity has made it hard for generic companies to compete because of court action. Thus, pharmaceutical companies have been playing a monopoly role in the drug industry. The results? High prices and skyrocketing general expenses.

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It isn’t socialism. The government isn’t going to run the pharmaceutical industry. Capitalism needs governmental control or else it turns into what we have, monopolies and price gouging. Biden is running a government for the people. The opposition is pushing for crazy, violence, and corruption. Those are our choices. HCR helps keep the focus on what Biden is doing. We have to keep spreading the message.

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Amen. We need to speak out in favor of ALL of Biden’s accomplishments.

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Oldandintheway, a description of what has been happening in the US would include the Republican Party's and its members' positions as strongly favoring the wealthy and big business in the US, but let us not be too vague in our knowledge. Business is an essential part of our country's functioning. It is important to know as citizens how the Republican Party's, its members', the Democrats', the Democratic Party's as well as the Administration's policies/regulations/control/influence/support concerning the following:

In the United States, the Small Business Administration (SBA) classifies businesses into three categories:

Small-sized business: annual revenue of less than $38.5 million and no more than 1,500 employees.

Medium-sized businesses: annual revenues between $38.5 million and $1 billion and 1,500 to 2,000 employees.

Large-sized business: over $1 billion in revenue and over 2,000 employees.

What about regulation of social media?

Yes, HCR, reports on the work of Biden and his administration in terms of how they together are impacting the lives of Americans as well as the country's foreign policies, trade, etc. She is not, however, a spokesperson for President Biden. With that in mind, we need to know more about how President Biden, John Kerry (US Envoy for Climate), and the political parties are addressing Climate Change.

What is more important concerning our lives on earth?

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Good points Fern. Both parties need to keep firmly in mind that none of the talking points or positive actions will mean anything if we can't breathe the air, drink the water or grow food. The ongoing environmental degradation has got to stop and one step in that direction will be ending subsidies for the oil and gas industry and the agricultural conglomerates that generate much of the pollution either directly or through the use of their products.

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Yes, DAVE! Our job as citizens is to get the government to work for us. We lobby on behalf of the needs of the American people. Some would have us be Biden's lobby, but that it not our role.

Administrations work better with our input, our votes and our voices, which will question what has been wrongly, poorly or not addressed at all as we strongly support good leadership for We the People of the United States.

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I called it socialism because it can really work well in a healthcare sector that deals with human life. Socialism often roots for equality in terms of pricing and access to high quality drugs. This will limit exploitation from the pharmaceutical companies and make sure drugs are accessible cheaply. Cuba has done it before and their healthcare costs is so low.

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A life long student of Government I am invariably fascinated by application of the ephemeral “Socialism.”

A nation that formed rebel governments to protect and existing governments to end human enslavement.

Then relied on Government

-to resist Imperial then Fascist threats.

-extract a nations economy several times from the greed and inept financial institutions

-supported and develop national transportation and a 49 state energy mess

Can hardly be considered not Socialistic. I often observe the nature of Socialism depends on whose ox is being gored.

If greedy factions seek profit Socialism is Evil.

But we vote for Socialized Medicine when a child develops cancer or our parents cost $5,000 per for a nursing home.

Maybe definitions are better set aside and a focus on goals or even the Public Good is a timely strategy.

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I like your analyzed broad-based perspective about socialism.

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As a student of Abe Lincoln my catechism asserts we must rely on Government for whatever needs we ourselves cannot provide.

We live in that result alongside deniers to it.

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Practically every developed country in the world "fetters" capitalism when it comes to the cost of drugs.

Only the US has allowed the pharmaceutical to run up prices with no restraints, while spending more as a % of profit on marketing, executives, and shareholders. Insulin is the best possible example of their greed.

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Those who wait for demand and supply to balance in the healthcare industry and expect a reduction in prices will just get the opposite. New methods in healthcare are required.

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BIG PHarMA !!, = MAMMONITES !!. EX traudinaire !! ( Please Excuse, my Rotten Spelling ! )

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The first socialist was Robin Hood.

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DON , ! , ( A Funny : Robin HooliGan !! )

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For-profit hospitals receive tax breaks for uncollectible treatment...non-profit hospitals receive tax benefits for being non-profit. Who do you think actually ends up paying for overpriced health care...tax payers. Socialism has become a dirty word for one reason...the republicans can use it to create fear. We are way beyond capitalism...it's greedism. And it doesn't trickle down.

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Back in 1976, Fred Harris ran for the Democratic presidential nomination on a platform called the New Populism—the old populism shorn of its racist elements. Fred used to say, “They talk about the free market. Wouldn’t it be nice if we had one?”

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Correct. The Pharma profitability model changes frequently over time and thus requires tweaking by a worthless Congress. As it turns out, Biden has the public's back at the moment. Rember the close call of the ACA in the Senate?

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I am happy that Biden acknowledged that there is high costs of drugs and that ACA needs to be revised to suit the existing economic times.

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This isn't socialism. It's public regulation of capitalism, which is necessary to keep the meat grinder of unregulated capitalism from chewing up our society.

Other than that, I agree with you completely--it's long past time for us to regulate these price-gougers.

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2.5-3 x MORE than other countries! That’s astounding.

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Three and a half times.

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I am a retired MD and have had a lot of experience prescribing and using many medications. I take a number of meds myself. My biggest gripe is that the drug companies continue to charge high fees for many drugs that have been generic for over 25 years. And the newer ones are continuing to be priced high, despite their aging in to the generic phase. I have to spend over $3000. A year for my meds. I totally agree with Biden policies on drugs. It can not happen fast enough, in my opinion

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PHARMA !, Are BANK BREAKERS! ( The Great American ! ,,,,,"RAPE - OFF ! )

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Oh look... Edwin figured out how to climb to the top of the comment chain ! Go Edwin !

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lol he just can't resist getting his advert in. Good comment though.

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I am respectfully requesting that neither Commenters nor Authors post advertisements. Just take a look at HCR's practice, citations, source credits, author ID's, hat tips are all GOOD. That is one of the ways HCR's Community has grown to over 1 Million Subscribers. Thank you all.

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affirmative, too bad it isn't so easy for trolls who run opinions generally counter to the gist of opinion here.

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Affirmative, back at 'ya Frank. But, I did not see the latest Troll at his designated "4 Hour" start trolling Mark today. :0

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Why do you want everyone to think the same way and never disagree? Trolls are annoying indeed, but conflicting opinions are the lifeblood of commentary. If you don't like conflict, just ignore people who challenge you, but don't expect much in the way of discussion, either.

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Bryan, for the subscribers who advertise their product, along with commenting, also jump the line to be among the first on the forum and then take a long bite of it is not a 'fair' practice,

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I concur FERN. FYI, I have grown tired of the One-wa- or-the-Highway communications with Substack Inc as the Platform continues to be peppered by "trolling" that targets a number of specific Paid Subscribers & Authors.

So I scrutinized the 8/17/21 Substack "Terms of Use" (TOU) early this morning to facilitate more direct communications with Substack Inc, the Delaware Corp.

The more "direct route" is tos@substackinc.com. That was "tos" not "tou" as to the first three (3) letters. Regards to targeted Authors & Paid Subscribers

This was a Public Service Announcement

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Ha ha !

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Ah, HCR. Again covering the happening that will become pieces in our historical record (and worthy of future analysis) rather than just the story of the day. Almost as if the dear doctor is providing a roadmap for students of her students who will provide the understand their children's children will need to live in and lead America's democracy as it became in their times. So clever, you historian you. 🌞

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How do you spell relief? BIDEN. Student debt relief. Pharmaceutical relief and so much more. Go, Joe, go. You and your Administration are working for us. No wonder the paid-by-billionaires-media won’t put you on page one.

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It’s not easy to close Pandora’s box, but President Biden is working very hard at it.

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Why is it that America is at the bottom of the list when comparing quality of life issues with other 'developed countries'? Makes me so proud

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A BIG !! FAT !! ,,,,,,,,,A ---MEN !! ( SAA-BOUT' * TIME !!*

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