Sunday, October 17, 2004

Re-importing Drugs from Canada

The first time I ever heard of this idea, and the fact that some Canadian politicians were encouraging it, I said "Hurrah!" Nothing could please me more than bankrupting the Canadian government, but I figured the Canadians would back down if American politicians actually allowed re-importation to occur. I am not worried about drug company profits because the Canadian government is picking up the regular bulk price of all the drugs it buys and is then selling them back to Canadians at a subsidized discount under the universal health care plan in Canada. The main reason I am not worried about drug company profits though is because it is readily apparent the Canadian government will not allow America to re-import the drugs en masse, because the Canadian government would in effect have to buy drugs for a population many times their own, an even more untenable situation than the situation already in place.

Sure enough, this is already beginning to dawn on Canadians as demonstrated by this article. I wish people would study economics more, but the chances of that are slim. The only reason drugs are "cheap" in Canada is because the government taxes the hell out of its citizens to pay for those drugs and then resells them to Canadians at a loss. Were Canada to engage in this dopey practice for their population and ours then their whole government would run out of money within 10 years at the maximum. Not only that, but as the article suggests, they will end up having massive drug shortages for their own citizens.

Let us see what ingenious idea John Kerry comes up with next to replace this idea when the Canadians recognize reality (for the first time in a long, long while) and tell him it isn't going to happen. Such an eventuality almost makes a Kerry victory worth it.

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