[Ip-health] Hillary Clinton, on TPP: Drug companies hiking prices in foreign countries should give discounts to US government programs.

Dean Baker Dean.Baker1 at verizon.net
Sun Jun 14 18:03:25 PDT 2015


i think the idea is that the Clinton Foundation will get donations from 
billionaires seeking favors, which
will provide the money to buy the drugs for developing countries.

On 6/14/2015 8:23 PM, Jamie Love wrote:
> This would be funny if Clinton was a marginal candidate, but she is
> probably the one most likely to win at this point.   Here she seems to be
> just fine with the TPP giving the drug companies "what they want," in
> foreign markets (high prices), but that's fine if they "give bulk
> discounts" to Medicare.
>
> She also seems to endorse ISDS, as long as it is amended to "allow greater
> public input".
>
>
>  From the Alana Wise story for Reuters.
> ---------------
>
> * She said that U.S. drug companies that stand to boost foreign sales from
> the deal should be required to give bulk discounts to government programs
> like the Medicare health plan for the elderly.
>
> * "Our drug companies, if they are going to get what they want, they should
> give more to America," she said.
>
>
> http://www.reuters.com/article/2015/06/14/us-usa-election-trade-idUSKBN0OU0W220150614
>
>
> Clinton says drug firms that benefit from deal should offer discounts
> BY ALANA WISE
> Jun 14, 2015
>
> Democratic presidential front-runner Hillary Clinton said drug companies
> that would benefit from a Pacific trade pact should sell their products to
> the U.S. government at a discount in her strongest comments yet on an issue
> that has divided her party.
>
> Clinton's comments amount to an implicit rebuke of President Barack Obama's
> efforts to secure the Trans-Pacific Partnership (TPP) and a nod toward
> liberal critics of the deal as she campaigns to win the Democratic
> nomination for the November 2016 presidential election.
>
> Democrats in Congress rejected a related trade package on Friday despite a
> personal plea from the president. Clinton has faced pressure from the left
> and the right to take a stand on the pact.
>
> "I have held my peace because I thought it was important for the Congress
> to have a full debate without thrusting presidential politics and
> candidates into it," she said at a campaign stop in Burlington, Iowa. "But
> now I think the president and his team could have the chance to drive a
> harder bargain."
>
> Clinton did not say whether she would support or reject the deal. But she
> criticized several aspects of the agreement, which has drawn strong
> opposition from labor unions, environmentalists and other liberal interest
> groups.
>
> She said that U.S. drug companies that stand to boost foreign sales from
> the deal should be required to give bulk discounts to government programs
> like the Medicare health plan for the elderly.
>
> RELATED COVERAGE
> › U.S. drug companies that benefit from trade deal should offer discounts -
> Clinton
>
> "Our drug companies, if they are going to get what they want, they should
> give more to America," she said.
>
> Clinton said a dispute-resolution process should allow greater public
> input, echoing liberals like Senator Elizabeth Warren of Massachusetts who
> say it gives too much power to business.
>
> Clinton said Obama should work with opponents like House Democratic Leader
> Nancy Pelosi, who led opposition to the trade package. If Obama does not
> get the best deal possible, "there should be no deal," Clinton said in Des
> Moines.
>
> The pact is shaping up to be a significant test for Clinton as her party
> has grown more suspicious of the merits of free trade since her husband,
> Bill Clinton, signed the North American Free Trade Agreement, or NAFTA,
> into law as president in 1993.
>
> Clinton has expressed reservations about free trade deals in the past, but
> she played a central role in trade talks with the 11 countries involved in
> the TPP as Obama's secretary of state.
>
> Senator Bernie Sanders of Vermont, a rival for the Democratic nomination
> and fierce critic of free trade, pressed her to come out against TPP before
> Congress takes up the package again this week.
>
> "If she joins us, we could stop this disastrous deal once and for all,"
> Sanders said on CBS's "Face the Nation" before Clinton spoke in Iowa.
>
> The trade package before Congress would give Obama's administration greater
> authority to negotiate trade deals without interference from lawmakers, who
> would be limited to an up-or-down vote once the deal was completed.
>
> It also would provide benefits for workers who lost their jobs due to
> globalization, a provision Clinton and other Democrats support in principle
> but rejected as part of their strategy to scuttle the wider trade package.
>
> (Writing by Andy Sullivan; Editing by Frances Kerry and Jonathan Oatis)
>

-- 
Dean Baker (baker at cepr.net)
Co-Director
Center for Economic and Policy Research 1611 Connecticut Ave., NW
Washington, DC 20009
202-293-5380 (ext 114)
202-332-5218 (H)
www.cepr.net





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