Tevi Troy

When a press secretary who usually speaks off the cuff reads a very carefully written statement, it usually suggests that the lawyers were involved.

When a press secretary who usually speaks off the cuff reads a very carefully written statement, it usually suggests that the lawyers were involved.

Ben, thanks. And thanks for reading my book.

Ben, thanks. And thanks for reading my book.

Ben, thanks. And thanks for reading my book.

Yeah, Ben, that is exactly right. And I always get nervous when I hear the phrase unilaterally set prices, because that's government setting prices rather than the market setting prices. And as you know well, the market is the best mechanism for setting prices. But you're right.

Yeah, Ben, that is exactly right. And I always get nervous when I hear the phrase unilaterally set prices, because that's government setting prices rather than the market setting prices. And as you know well, the market is the best mechanism for setting prices. But you're right.

Yeah, Ben, that is exactly right. And I always get nervous when I hear the phrase unilaterally set prices, because that's government setting prices rather than the market setting prices. And as you know well, the market is the best mechanism for setting prices. But you're right.

The Europeans artificially push down American prices because they don't want to pay their full share for pharmaceutical products. And that does leave American consumers spitting the bill. imposing price controls here doesn't solve the problem.

The Europeans artificially push down American prices because they don't want to pay their full share for pharmaceutical products. And that does leave American consumers spitting the bill. imposing price controls here doesn't solve the problem.

The Europeans artificially push down American prices because they don't want to pay their full share for pharmaceutical products. And that does leave American consumers spitting the bill. imposing price controls here doesn't solve the problem.

What we should do is, yes, encourage the European countries to pay their fair share, but also we should do FDA regulatory reform so it doesn't cost over $3 billion to do a new drug. We also need to do tort reform. The trial lawyers extort hundreds of billions of dollars from these pharmaceutical companies, and that gets priced into the products.

What we should do is, yes, encourage the European countries to pay their fair share, but also we should do FDA regulatory reform so it doesn't cost over $3 billion to do a new drug. We also need to do tort reform. The trial lawyers extort hundreds of billions of dollars from these pharmaceutical companies, and that gets priced into the products.

What we should do is, yes, encourage the European countries to pay their fair share, but also we should do FDA regulatory reform so it doesn't cost over $3 billion to do a new drug. We also need to do tort reform. The trial lawyers extort hundreds of billions of dollars from these pharmaceutical companies, and that gets priced into the products.

So there's a lot of other factors here besides just what President Trump is talking about.

So there's a lot of other factors here besides just what President Trump is talking about.

So there's a lot of other factors here besides just what President Trump is talking about.

Yeah, it's a really great question. And there's a lot of really great points you made, including the fact that generics are indeed cheaper here. It is incredibly expensive to bring products to market. The FDA has very rigorous testing, but also a huge skepticism towards the pharma industry, which makes it hard to get products through. The trial lawyers then sue the pants off these companies.

Yeah, it's a really great question. And there's a lot of really great points you made, including the fact that generics are indeed cheaper here. It is incredibly expensive to bring products to market. The FDA has very rigorous testing, but also a huge skepticism towards the pharma industry, which makes it hard to get products through. The trial lawyers then sue the pants off these companies.

Yeah, it's a really great question. And there's a lot of really great points you made, including the fact that generics are indeed cheaper here. It is incredibly expensive to bring products to market. The FDA has very rigorous testing, but also a huge skepticism towards the pharma industry, which makes it hard to get products through. The trial lawyers then sue the pants off these companies.