
President Donald Trump just had quite a weekend. If you blinked, you might have missed it. He negotiated a ceasefire in the war between India and Pakistan, announced a breakthrough in trade talks with Communist China, and got the last surviving hostage released from Gaza. Oh, and he lowered the price of all prescription drugs in the US by 30 to 80%.
One of the amazing things about this is that President Trump is now past the 100-day honeymoon in his second term—and he’s given no indication of slowing down. So much winning!
Trump signed an executive order on Monday morning to institute a “Most Favored Nation” status to the United States on prescription drugs. Going forward, the pharmaceutical companies that you prop up with your tax dollars are only allowed to charge you the same price for a prescription drug as the lowest price in any other country globally.
If your first instinct is to start railing on “muh conservative principles” and “price controls,” you should know that prescription drugs are an area where Americans get ripped off spectacularly. This is a pricing realignment that needed to happen.
This might be hard to believe, but you’re probably in agreement with Rep. Alexandria Ocasio-Cortez (D-NY) on this issue. Check this clip out. This is AOC questioning the CEO of drugmaker Gilead, and asking why a drug that costs $2,000 a month in America only costs $8 in Australia:
.@AOC to Gilead CEO: The list price [for Truvada for PrEP] is almost $2,000 in the US. Why is it $8 in Australia? pic.twitter.com/kPnMQSZE0G
— Public Citizen (@Public_Citizen) May 16, 2019
AOC is a ditz and she has to be corrected on a couple of things, but she is 100% right in principle. Fortunately, the Democrat Party is too stupid to listen to her.
Big Pharma rakes in your tax dollars in order to conduct new research and development on prescription drugs. As soon as they discover something that works, the pharmaceutical company patents it.
Then, they jack the price up through the roof and let other countries pay rock-bottom prices for the drug that you paid for. If the American taxpayers paid to research and develop these drugs, shouldn’t we be the ones to get the lowest price in the world?
Nearly five million kids in America have asthma. One of the leading drugs for asthma is Advair, which costs $312 a month here in the US. Australians pay $38 a month for the exact same treatment for their children.
Countries in Europe and many other places rip us off as well. Xarelto, a blood thinning drug, costs $558 a month in the US and $49 a month in France. Lyrica for nerve pain costs $650 a month here and $64 a month in Spain. Crestor for cholesterol costs $220 a month here and $20 a month in the Netherlands. Nexium for acid reflux costs $250 a month in America and $23 in Sweden.
Notice the pattern? Americans are paying ten times as much as foreigners for prescription medicines that we paid to create.
Treatments with Ozempic, the popular diabetes and weight loss drug, cost almost $900 a month here in the US. Germans only pay $155 a month. Another diabetes drug, Januvia, costs $547 a month in the US. Those dirty Canadians in the 51st state only pay $39 a month.
Elderly Americans have to pay $5,000 a month for treatment with Enbrel, an arthritis drug. People in Japan pay $1,200 a month for it.
A hepatitis C drug called Harvoni costs an American $31,000 per treatment, while Egyptians pay just $1,000.
The list goes on and on. One of the fastest ways to impoverish an American family is by putting one member on a prescription drug that they need.
Aside from the great financial benefits that Americans will reap from this policy, it’s also hilarious. This was one of those 80-20 populist issues that the Democrats could have ridden to victory in the 2026 midterms if they had been smart enough to listen to AOC and Bernie.
Instead, they were too busy going on passionate, hand-holding margarita dates with MS-13 terrorists. Trump stole another populist issue right out from under them and there’s nothing they can do about it.
This idea will be so popular and will save American families so much money that no future president will dare to rescind the executive order. It will put more money back in Americans’ pockets for years to come. We’re still not tired of all this winning!
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