Fraters Libertas

Didn't I SAY That

Again, from this morning's WSJ (no, there isn't any dang link, go buy a copy ya cheapskate):

The politicians and lobbyists in the U.S. who have been clamoring for drug-reimportation laws to lower the costs of prescription medicines would do well to look at the devastation price controls have brought to Europe's drug industry. By some estimates, the American market now accounts for 62% of the global profit pool in the pharmaceutical business. As attractive as lower drug prices may seem politically, supporters of reimportation might consider whether they want the U.S. to become France, desperately clinging to the surviving remnants of an industry in decline.

Hey Pawlenty. Big Mouth. Populist. Fighter For The Little Guy. Listen up!