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A New Prescription For Cutting Costs PDF Print E-mail
News & Articles - "Big Pharma"
Written by Administrator   
Tuesday, 15 April 2008 00:12
The solution to the high cost of prescription drugs, we are told by Democrats and Republicans alike, is more government intervention.

Well, if we're going to use government muscle to lower our medical expenses, why not go all the way?

Thus my proposal: Outlaw prescription drugs.

Yes, by wiping out that whole sector and leaving only current over-the-counter products available, the expenditure on prescription drugs will of course fall to zero.

That means that for a fraction of what your Aunt Edna spends on painkillers to make her bad back bearable, she can simply buy aspirin. It means Grandpa will no longer have to shell out $300 a pop for the heart medicine that keeps him alive, because it won't exist. Think of the savings!

Yet there are more advantages to this plan than just cost reduction. It also means more jobs in the funeral industry. American jobs, no less! This should delight the labor unions.

But beyond such "materialistic" matters as money and jobs, there's the moral dimension of my proposal.

We're all familiar with the accusation commonly hurled at pharmaceutical companies: they're "greedy" and concerned only for their own selfish interest. Well, my plan would make the accusers practice what they preach. For if corporations' "selfishness" for wanting high profits requires remedy, then so does consumers' "selfishness" for wanting low prices.

Outlawing prescription drugs, then, would make the self-interest bashers feel the effects of their "moral" code on their own hides. There'd be no medicine around for them to greedily demand for free!

Somehow, though, I don't think my proposal would garner much support. But, in truth, it would simply achieve overnight what the much-ballyhooed Medicare prescription drug bill will achieve over time: the end of quality medicine.

Ironically, it's the alleged defenders of capitalism, the Republicans, who are ushering in this massive new expansion of the welfare state. Of course they say the bill has some "free market" aspects. But that's like saying it's okay to drink poison if there's a few drops of pure water mixed in.

The "free market" will end up being the fall guy for the failings of what's actually a very hampered market. The http://www.rationalview.com/.

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