Steven Rattner
speaker
344 appearances
8 recordings
1 series
first heard Sep 2024
last heard 16 Apr
Steven Rattner’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.
Appearances
But now let's look at his math skills.
Most of us took sixth grade and seventh grade math.
He says we're going to reduce drug prices by these huge numbers of percents.
Let's just do basic math here.
If you have a $60 drug and you get a 50% price cut in that drug, it costs, and I won't ask Lemire, but I'm sure he knows, $30.
If you have a $60 drug and they cut the price by 100%,
it's free, right?
100% reduction in price goes to free.
If you have a $60 drug again, and it goes down by 200%, what happens?
They give you the drug for free.
They pay you $60 to take the drug.
So obviously, the idea that drug prices can go down by these amounts is ridiculous.
The price of something simply cannot go down by more than 100%.
Steve, we were told there would be no math, but at least thank you for providing it.
I feel like I'm learning.
This is sixth grade math.
This is sixth grade math.
Roll it.
When do we really see the engine of the economy start to take off?
Well, the point I'm making is that Vance can say that they inherited a bad economy, but the problem is the economy is actually getting worse, not better.
Showing 141–160 of 344 · page 8 of 18
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