Did you know Clinton has a plan to fight "drug price gouging?" Clinton to unveil details of her plan soon.

Easy to fix is easy to say. Remember Hillarycare? That was the precursor to Obamacare. It didn't fare too well because Hillary was never a consensus builder. Never will be. Of course, if she "ruled" like a tyrant, she could simply reduce drug prices by a declaration. However, drugs would then disappear and where would we be? To address the high cost of drugs we must first address the high cost of FDA processes for bringing new drugs to market. Then we have to address the high cost of liability insurance on drugs. Fixing those two issues would help a lot, but there would be more problems to solve. Think Hillary is up to it? She wasn't the first time around, was she?

We have some challenges in this area for sure. It costs a lot of money and time to research, develop, design, test and get an FDA approval for a drug. It can be many years and scores of millions of dollars. The companies have to make their return on that investment while they have their patent or protection for the drug they developed. That is the simple reason new or reformulated drugs cost so much. If we take the opportunity to make a profit off of the investment, who will make the investment?

What we should do is to look to remove some of the costs to get the drug to market. Outside of developing the drug itself, it is things such as FDA approval which requires many years of testing and costly/expensive approval processes. They also must protect themselves from legal action with insurance and a lot of legal costs also driving up the cost of the final product.

When people like Hillary talk about making drugs less expensive they never talk about getting the bureaucracy out of the way, they always talk about trying to go after the pharmaceutical companies. We need to be careful about listening to what our itching ears want to hear. These companies have given us significant breakthroughs in treatments for millions. What exactly are the politicians bringing us besides debt, division, disharmony and disaster?

I am aware of that. I'll be interested in hearing how any politician can defend a 5,500% overnight markup. That's definitely not indicative of a healthy free market operating in any way that's productive for our society. That's indicative of a monopoly exploiting its market power.