AARP Spots the Looney
AARP, formerly known as the American Association of Retired Persons, said brand-name drug prices have climbed 3.4 percent -- or three times the rate of inflation -- since December.
The jump was one of the sharpest quarterly spikes since 2000, the report said.
The findings follow another AARP report this year that showed prices for drugs used most by the elderly grew 6.9 percent in 2003. But the increase since President Bush signed the Medicare bill into law was even sharper, the AARP said Wednesday.
Whenever the general concept of socialism is raised, the people on the right of the conversation jerk their heads up with a condescending smile and opine that "communism is a great idea, but it would never work because it's run by people, and people are bad," and that's that. And yet they are more than happy to have low to no oversight over private companies running such things as the Medicare drug discount program. They are perfectly comfortable letting CEO's set the tone. I say, "The invisible hand of capitalism and the free market are wonderful ideas, but they will never work because they're run by people, and people are bad." But fortunately with me, that's not just that. We can still discuss and grow.

