“There You Go Again, Hinderaker” — All While Unintentionally Excoriating Trump Drug Price Control “Policies”!?!

True, Hinderaker is ever given to hyperbolic and broad claims — usually on a very tiny bit of narrow data.

In this overnight installment, John would tell us that one company (US Merck) choosing not to build a European R&D hub in suburban London is “the demise” (his phrase!) of Euro based pharma.

One company?! Really, Hinderaker: there are over 300 multinational pharma and bio-science companies with European pharma research hubs — 20 in London alone.

Hey John: don’t you know that the singular form of data is called… An “anecdote?” His specific — and preposterous — burp on it is here:

…The lesson: drug price controls kill innovation, not diseases. Yet, the United States seems to be following the price control playbook that has resulted in the demise of Europe’s pharmaceutical industry….

But I write tonight to mention that the chart he uses to claim the preeminent “power of US pharma” is… yep, data from Mr. Biden’s presidency — not Trump 1.0, and certainly not Trump 2.0.

Hilarious.

Most of all, though — I would note his exaggerated “demise” claims (due to price control policies!)… are just the latest of TRUMP 2.0’s endlessly inane policies — supposedly… for the US.

Trump has neither the legislative power to enforce US price controls, nor the willpower to do so.

But why oh why is it that John won’t specifically label this relatively minor data point — as being an utter and complete refutation of Trump’s new make America healthy claims?

We know. It is because Hinderaker still has boot black all over his tongue, from Trump‘s boot. Just this morning, in fact.

Out.