- Should manufacturers be required to disclose the development cost of new drugs? Probably not.
- JCT: At least half of the tax burden in the Manchin/Schumer budget bill will be borne by Americans making less than $400,000, and roughly $17 billion worth of new taxes will fall on those earning less than $200,000.
- Voters like the health care provisions: 77% like Rx price caps and 56% like the extension of ACA health insurance premium subsidies for three more years.
- Go Ask Alice? — the supposed 1971 diary of a white teenage suburbanite who gets slipped LSD in a Coke at a party, then slides into addiction and ruin is a complete myth.
- Study: Lower socioeconomic kids do better if they socialize with higher socioeconomic kids. Did we really need a study to know this?
Lately I’ve noticed a fair number of articles on food recalls. For example, I found the following on WebMD:
Lyons Magnus announced a voluntary recall on July 28 of various protein and beverage products over worries they may be contaminated with germs like Cronobacter sakazakii. The announcement identifies 53 affected products, ranging from Oatly Oat Milk to Stumptown Cold Brew Coffee. The complete list of products is available on the FDA website, along with ways to tell if yours is part of the recall.
- When the Obamacare subsidy expansion doesn’t go away after three years (a good bet), the real cost climbs from $64 billion to $248 billion.
- Health Affairs study: US has the highest administrative costs among the world’s health care systems. Of course it ignores the admin cost of tax collection – which are 25 cents on the dollar, or more.
- Keeping Africa poor: first world elites want to deny the third world access to fossil fuels.
- There is no safe level of lead exposure; but lead is added to turmeric (a spice used in cooking in South East Asia) to give it a yellow color – and it may be in spices in NYC.
These are from Heritage:
- Haislmaier: Since the Obamacare subsidy extension for three more years will have no effect on premiums, or on the number of people with health insurance, it will transfer $64 billion into the pockets of the insurers at taxpayer expense.
- Moffitt: Private sector competition in the market for Medicare prescription drug coverage is working much better than anyone expected; CBO: replacing that system with price controls will result in fewer drugs, fewer cures and fewer lives saved.
- Badger: Letting the Obamacare subsidies expire not only would save money, there would be no loss of Americans with individual health insurance coverage.
- Schaefer: Using the VA system as a guide, if Medicare imposes drug price controls seniors should expect less access to critical drugs and treatments than they have today.