Failed president Trump says drug prices are down 1500%

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Dom 4 Aug @ 8:51am

Failed president Trump says drug prices are down 1500%

Failed president Donald Trump is showing total lack of understanding in mathematics, saying that drug prices are down 1500%.

Well, to be fair - there are two options here...
Either Trump is too stupid to understand math himself, or, he thinks that his voters are stupid so he can essentially say whatever he wants, and they will believe literally anything he says without questioning anything. Take a guess!

I hope I don't have to explain this further, however, if drug prices are down 1500%, that means drug companies would pay you when you buy the drug. 100% down means free, and anything more than that means that you get paid when you make the purchase.

https://www.newsweek.com/donald-trump-doubles-down-impossible-drug-price-cuts-2108365

"Well, one of the things they're going to be talking about pretty soon are the tremendous drop in drug prices. You know, we've cut drug prices by 1,200, 1,300, 1,400, 1,500 percent. I don't mean 50 percent. I mean 14-, 1,500 percent," the president said.

This is embarrassing!

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Originally posted by Stingray_tm:

Originally posted by Ulfrinn:
I also wouldn't be surprised to learn if those companies have a 2000% markup in profits over the cost to product those medications and that markup just got dropped down to 500%.

Now MAGA is trying to redefine math just to protect their leader.

We are literally at a point, where Trump could say that "1+1=3" and his minions would try to find ways to make it real.

I should not need to explain that, but I obviously do:

If you have 100 dollars and increase that to 2000% of its initial value you have 2000 dollars.
If you change your claim, that Trump reduced the markup of those 100 dollars from 2000% to 500% that would be 500 dollars. Which, as already was pointed out, would be 25% of the 2000 dollars and thus a reduction of 75%

A reduction of more than 100% ALWAYS would be a net negative, no matter how you view it, since a reduction of 100% would ALWAYS be 0.

This is why Trump loves uneducated people, because they bat for him, even if the spews total nonsense.

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Showing 1-15 of 233 comments

kbiz 4 Aug @ 8:56am

Trump wants most-favored nation pricing for prescription drugs:

"The United States has less than five percent of the world’s population and yet funds around three quarters of global pharmaceutical profits. This egregious imbalance is orchestrated through a purposeful scheme in which drug manufacturers deeply discount their products to access foreign markets, and subsidize that decrease through enormously high prices in the United States."

Trump just sent letters to pharmaceutical companies asking for fairer practices - which is a good thing.

Electric Cupcake 4 Aug @ 8:57am

Lies, Damned Lies and Statistics.

2 out of 3 aint bad.

Ulfrinn 4 Aug @ 9:03am

Originally posted by kbiz:
Trump wants most-favored nation pricing for prescription drugs:

"The United States has less than five percent of the world’s population and yet funds around three quarters of global pharmaceutical profits. This egregious imbalance is orchestrated through a purposeful scheme in which drug manufacturers deeply discount their products to access foreign markets, and subsidize that decrease through enormously high prices in the United States."

Trump just sent letters to pharmaceutical companies asking for fairer practices - which is a good thing.

And out of that, the left latches onto a few words and tries to make a headline about it, showing that it's nothing but a bunch of bad-faith mocking in a thinly veiled attempt to place opposition over correct policies. Still doesn't rank as high as Biden saying he beat medicare.

I also wouldn't be surprised to learn if those companies have a 2000% markup in profits over the cost to product those medications and that markup just got dropped down to 500%.

Last edited by Ulfrinn; 4 Aug @ 9:05am

Rumpelcrutchskin 4 Aug @ 9:04am

MAGA keeps inventing excuses for his dementia.

Dom 4 Aug @ 9:07am

Originally posted by Rumpelcrutchskin:
MAGA keeps inventing excuses for his dementia.

Yes, very clearly.

Ironically they blamed Dems for doing this with Biden. Even though we can debate whether that was true (remember Biden was pressured to step down), they are doing the exact same thing with Trump now.

Can yall already smell the hypocrisy? It's a strong smell.

Last edited by Dom; 4 Aug @ 9:07am

WANG ATTACK 4 Aug @ 9:10am

unfortunate, guess youll have to vote harder next time

Ulfrinn 4 Aug @ 9:11am

According to the FTC report from later this year, some drug companies have in fact been marking up drug prices 2,000% over the costs to manufacture them. So if gets them to drop these down, then yeah, he's lowered drug costs by 1,500%.

https://www.ftc.gov/system/files/ftc_gov/pdf/PBM-6b-Second-Interim-Staff-Report.pdf

https://www.psca.org/news/psca-news/2025/1/ftc-finds-pbms-massively-mark-up-prices-of-key-drugs/

Prinny 4 Aug @ 9:12am

wow that's crazy
you're not american tho -w-

NoRain :( 🗕 🗗 🗙 4 Aug @ 9:14am

Originally posted by Dom:
Failed president Donald Trump is showing total lack of understanding in mathematics, saying that drug prices are down 1500%.

Well, to be fair - there are two options here...
Either Trump is too stupid to understand math himself, or, he thinks that his voters are stupid so he can essentially say whatever he wants, and they will believe literally anything he says without questioning anything. Take a guess!

I hope I don't have to explain this further, however, if drug prices are down 1500%, that means drug companies would pay you when you buy the drug. 100% down means free, and anything more than that means that you get paid when you make the purchase.

https://www.newsweek.com/donald-trump-doubles-down-impossible-drug-price-cuts-2108365

"Well, one of the things they're going to be talking about pretty soon are the tremendous drop in drug prices. You know, we've cut drug prices by 1,200, 1,300, 1,400, 1,500 percent. I don't mean 50 percent. I mean 14-, 1,500 percent," the president said.

This is embarrassing!

"American IQ Scores Have Rapidly Dropped, Proving the 'Reverse Flynn Effect'"
https://www.popularmechanics.com/science/a43469569/american-iq-scores-decline-reverse-flynn-effect/

I think it's probably both. He doesn't understand, nor does his following

oldirty` 4 Aug @ 9:15am

Originally posted by Ulfrinn:
According to the FTC report from later this year, some drug companies have in fact been marking up drug prices 2,000% over the costs to manufacture them. So if gets them to drop these down, then yeah, he's lowered drug costs by 1,500%.

https://www.ftc.gov/system/files/ftc_gov/pdf/PBM-6b-Second-Interim-Staff-Report.pdf

https://www.psca.org/news/psca-news/2025/1/ftc-finds-pbms-massively-mark-up-prices-of-key-drugs/

That is mathematically a 75% reduction.

#10

Dom 4 Aug @ 9:16am

Originally posted by Ulfrinn:
According to the FTC report from later this year, some drug companies have in fact been marking up drug prices 2,000% over the costs to manufacture them. So if gets them to drop these down, then yeah, he's lowered drug costs by 1,500%.

https://www.ftc.gov/system/files/ftc_gov/pdf/PBM-6b-Second-Interim-Staff-Report.pdf

https://www.psca.org/news/psca-news/2025/1/ftc-finds-pbms-massively-mark-up-prices-of-key-drugs/

That's not how math works but cool. The absurdity doesn't even surprise me anymore.

Go back to school if you think this way.

Can I advertise -1500% discount if I've been overcharging customers as a store before? Are you sure I won't get in trouble over misleading campaign or false advertising?

Trump said drug prices, nothing about costs to manufacture.

Last edited by Dom; 4 Aug @ 9:18am

#11

Prinny 4 Aug @ 9:21am

Originally posted by Dom:
Originally posted by Ulfrinn:
According to the FTC report from later this year, some drug companies have in fact been marking up drug prices 2,000% over the costs to manufacture them. So if gets them to drop these down, then yeah, he's lowered drug costs by 1,500%.

https://www.ftc.gov/system/files/ftc_gov/pdf/PBM-6b-Second-Interim-Staff-Report.pdf

https://www.psca.org/news/psca-news/2025/1/ftc-finds-pbms-massively-mark-up-prices-of-key-drugs/
That's not how math works but cool. The absurdity doesn't even surprise me anymore.

Go back to school if you think this way.

Can I advertise -1500% discount if I've been overcharging customers as a store before? Are you sure I won't get in trouble over misleading campaign or false advertising?

Trump said drug prices, nothing about costs to manufacture.

it's time to step away from the computer
and go touch grass.

#12

Dom 4 Aug @ 9:23am

Originally posted by Prinny:
Originally posted by Dom:
That's not how math works but cool. The absurdity doesn't even surprise me anymore.

Go back to school if you think this way.

Can I advertise -1500% discount if I've been overcharging customers as a store before? Are you sure I won't get in trouble over misleading campaign or false advertising?

Trump said drug prices, nothing about costs to manufacture.
it's time to step away from the computer
and go touch grass.

Anyone who thinks it's not false advertising or a misleading campaign to launch "-1500% discount" ad on products that stores have previously charged 15+ times what those products did cost to manufacture, should go outside and touch grass.

Again, that's not how math works and that's totally illogical.

Last edited by Dom; 4 Aug @ 9:24am

#13

oldirty` 4 Aug @ 9:24am

Originally posted by Dom:
Originally posted by Ulfrinn:
According to the FTC report from later this year, some drug companies have in fact been marking up drug prices 2,000% over the costs to manufacture them. So if gets them to drop these down, then yeah, he's lowered drug costs by 1,500%.

https://www.ftc.gov/system/files/ftc_gov/pdf/PBM-6b-Second-Interim-Staff-Report.pdf

https://www.psca.org/news/psca-news/2025/1/ftc-finds-pbms-massively-mark-up-prices-of-key-drugs/
That's not how math works but cool. The absurdity doesn't even surprise me anymore.

Go back to school if you think this way.

Can I advertise -1500% discount if I've been overcharging customers as a store before? Are you sure I won't get in trouble over misleading campaign or false advertising?

Trump said drug prices, nothing about costs to manufacture.

The truly absurd thing here is that they are supporting leftist policies here.
Other countries have government price controll in place, Id bet money that these comes from left parties.

The US doesnt have this because everyone screams communism and marxism when something like this is proposed.

I support them for government regulation, they should do that. But again, this is deep leftist ideology.

#14

Prinny 4 Aug @ 9:26am

Originally posted by Dom:
Originally posted by Prinny:
it's time to step away from the computer
and go touch grass.
Anyone who thinks it's not false advertising or a misleading campaign to launch "-1500% discount" ad on products that stores have previously charged 15+ times what those products did cost to manufacture, should go outside and touch grass.

Again, that's not how math works and that's totally illogical.

you're not even american ;V
you can't vote in our elections

#15

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Date Posted: 4 Aug @ 8:51am

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