I think we just found out why Joe Biden ran away to a secluded island in South Carolina.
The reviews of his inflation-busting, drug-reducing, climate-saving legislation are starting to come in.
Let’s say it would be a good idea for Joe to stay in South Carolina a bit longer.
Not Really
We know the inflation-busting aspect of the bill is pure nonsense.
We also know the climate change aspect will crush the fossil fuel industry.
Well, guess what… the health care aspect will not only raise costs, but it will also mean a lower quality of care for many people.
Paragon Advisor @TomasPhilipson was in @Newsweek to explain that the #Senate reconciliation bill "would lead to a massive loss of life, due to foregone medical innovation, and a reduction in the quality of care…"
More here: https://t.co/QJRDEEdk4N pic.twitter.com/PcqOm0h6kb
— Paragon Health Institute (@Paragon_Inst) August 3, 2022
The report noted above found that over the next two decades, while getting a reduction in quality of care, Americans will pay an additional $50 billion.
One of the bigger hits we will take is in the generic drug market.
Some experts believe this could wipe out the generic drug industry over the long haul.
So, if you use sites like CostPlus, paying mere pennies on the dollar for what you used to pay, get ready to shell out more money.
Source: Daily Caller
