The Inflation Reduction Act… which does everything but what it says it will do.
Numerous analysts have already examined and debunked the idea that this legislation will do anything to reduce inflation.
Now they are also saying the parts of the legislation to lower health care costs will do the opposite.
Stick It to the Little Guy
In addition to the inflation angle, there is the climate change and health care angle.
Specifically, Democrats are saying they will lower prescription drugs.
However, after looking at the plan, most experts agree that this could severely damage the generic drug industry, which is a game changer for those of us using sites like Amazon and CostPlus to get our prescriptions…
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
As you can see in that header, it is also about the quality of care.
The report concluded that over the next two decades, Americans could see a rise in medical costs by as much as $50 billion, which is staggering.
We are already getting put over the barrel on insurance now, so I am not sure how much more financial pressure the average person in this country can withstand before they break.
But, maybe that is the overall plan of Democrats.
Keep draining us until they can force their socialist agenda on the entire country.