From the Washington Post this evening comes word that
President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid.
Aardvark knows Pharma and, trust me, ladies and germs, we are talking about billions and billions of dollars here. We are talking about platoons of lobbyists at both the federal and state levels. We are talking campaign contributions in an amount that would make Croesus green with envy.
And so, in the remote event that Trump is to be believed, we are about to see a colossal confrontation between financial interest and fear of Trump’s mob. “’They’re politically protected, but not anymore,’ he said of pharmaceutical companies.”
“I think we will get approval. I won’t tell you how, but we will get approval. You see what’s happened in the House in recent weeks,” Trump said, referencing his tweet during a House Republican move to gut their independent ethics office, which along with widespread constituent outrage was cited by some members as a reason the gambit failed.
Depicted at the top of this post is a stopped watch from Poland. It is right twice a day. Just so, the Donald is right to advocate “insurance for everyone” and price negotiations with the drug companies.
But is he right to think that bluster, bullying, and fear of Trump voters will overcome profound financial self-interest on the part of those in the pay of Big Pharma? Will all those folks who take Pharma’s shilling experience a mass Damascus experience?
I don’t think so. And corporate America may be poised to learn that while Marco Rubio and Mike Pence may yearn to be their well groomed, well spoken, well compensated towel boys in the corporate brothel, Trump yearns to be their master, the capo di tutti capi. It’s the billionaire class that is about to stroll down the road to Damascus.
And the revelation they will receive is that the time has come to take down the Donald and replace him with the Pence.