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slipslidingaway's Journal
Posted by slipslidingaway in General Discussion: Presidency
Wed Nov 30th 2011, 05:29 PM
http://www.democraticunderground.com/discu...

A Rancid Deal with Big Pharma
http://www.thenation.com/article/rancid-de...

"So now we know why the president wants everyone to make nice in the healthcare debate. His White House has cut a deal with Big Pharma that smells like the same old rotten politics that candidate Obama regularly denounced and promised to end. The drug industry agrees to deliver $80 billion in future savings and the president promises the government will not use its awesome purchasing power to negotiate lower drug prices.

Wow. This is roughly the same deal that George W. Bush cut with the drug makers when he was legislating Medicare's new coverage of drug purchases. It is the same bargain that Democrats in Congress universally condemned as wasteful and corrupt. The deal does not smell any better now that a Democratic president is embracing it..."

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