Royally Kranked

Sunday, October 30, 2005

One of the best examples of using political office for personal gain is that of former La Rep Billy Tauzin, as he went directly from his elected office to head the Pharmaceutical Research and Manufacturers of America

So the story involves taking huge cuts of the GOP ax to Medicaid while trying to avoid doing the same to Medicare
-a harsh difference to be sure, gutting programs for sick & poor children while avoiding the reaper's scythe to programs whose main adherents actually vote, but then Tauzin makes such an easily debunked point that it's like .......(provide your own metaphor/simile/allegory)

Craig L. Fuller, president of the National Association of Chain Drug Stores, a trade group, said he did not understand how House Republicans could cut payments to pharmacies and increase co-payments for poor people without requiring drug manufacturers to make any contribution to the savings......But Billy Tauzin, president of the Pharmaceutical Research and Manufacturers of America, a lobbying organization for brand-name drug companies, said the price concessions required by the Senate bill could hurt Medicaid recipients and other patients by forcing drug makers to "reduce research and development of life-saving medicines."

And if Tauzin's clients didn't spend more on Advertising than Research & Development I'd agree with his unbiased assessment completely



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