Donald Trump claimed that drug costs would be reduced by a thousand percent, and confusing viewers when he later said that a pill had increased by $ 10 to $ 20. His statement left many confused on social media.
In an interview with Fox News, Trump said, “Next year and a half we will reduce drug costs, not 50 or 60 %, but by a thousand percent,” before he added: “It will be from $ 10 to $ 20 for us.”
Trump’s claim for drug prices
Trump made a statement and emphasized the fact that the US has long paid inflated prices for drugs. He claimed that pharmaceutical companies agreed to his aspect and would use tariffs to persuade business partners who disagreed.
“For countries that disagree, I use tariffs to give them to consent.”
However, Trump’s idea of a 1000 % reduction in drug prices that would reduce them from $ 10 to $ 20 is mathematically incorrect. Reducing a price of $ 1,000 out of $ 10 would bring it to a negative one, which means that drug manufacturers actually pay patients to take their pills. On the other hand, the price is doubled from $ 10 to $ 20, as expected, a 100 % increase.
Social media users react
His statement became viral on social media, where several X users questioned the logic for calculation and others took a funny pass and joked that drug manufacturers would pay customers to buy medicines.
One of the users said, “So $ 100 reduce 100% for free. So a 1000% reduction means you pay me.”
“We will pay to Americans to take prescription drugs. This will be low drug costs,” he added.
“So if (a drug) is currently $ 100 and $ 1,000 out of $ 100 is $ 1,000, then when I pick up (some drug), the pharmacy puts in a bag along with $ 1,000 in cash?” one of the users has noticed.
“Okay, let me get it straight … it will reduce the price of 1,000%that would return about $ 990 in our pockets, but the drug will rise from $ 10 and not get any money back? Is that the right mathematics?” The user said.
Especially this is not the first time Trump has spoiled his calculations. At the end of July, Trump spoke of a reduction in drug prices by “1,000… 1,100, 1200, 1,300, 1,400… 700, 600 %.” He later declared “1,200 to 1,500 %”, which is not logical if pharmaceutical companies do not start paying people to enjoy their drugs.
(Tagstotranslate) Picative Prices (T) Donald Trump (T) Pharmaceutical Society (T) 1000 percent decrease
