Big Pharma does love our money

Leading drug makers rang in the new year by once again raising list prices of their drugs—this time on more than 250 of them, according to an analysis reported by Reuters…

The larger price tags applied to a range of medications, from blood thinners to cancer therapies and treatments for respiratory conditions, HIV, arthritis, and multiple sclerosis.

Nearly all of the increases were below 10 percent, according to the 3 Axis analysis. So far, the median price increase is around 5 percent, though additional price increases could still be announced.

Don’t worry. They’re not doing themselves any harm. As of November, the 2019 inflation rate was 2.1 percent.

Congress may extend tax credits on new – and USED – electric vehicles


They’re out there in the wild

” Talks in the U.S. Congress over the weekend focused on the reinstatement of tax extenders that will not only benefit electric car manufacturers but those involved in biofuel and short-line railroad industries. If the Growing Renewable Energy and Efficiency Now (GREEN) Act gets the thumbs up, the cap for EV sales for manufacturers will be raised to 600,000 from 200,000 units and also reduce the tax credit from $7,500 to $7,000.

There will also be tax credits for the purchase of used electric vehicles with certain limitations such as the vehicle was used and registered in the U.S., will be sold for less than $25,000, tax credit can’t exceed 30 percent of the selling price, among others.

First, check your friendly neighborhood Congressperson for backbone. Second, hey, check around and see what deals are available in your neck of the prairie in secondhand electric cars. Might be worth it presuming there is sufficient gumption in DC.

Prevent 1/3 of young gun deaths without taking away a single gun

❝ In 2015, more than 1,100 young people died by suicide or by accident because of a gun. New research suggests that almost one-third of those deaths could be prevented by simply locking up guns in the home.

“The take-home message from the findings of the study is that even a relatively modest increase in the practice of safe storage by parents could result in substantial reductions in firearm suicides and unintentional fatalities among youth,” says Michael Monuteaux, a Harvard Medical School professor of pediatrics and epidemiologist who is the first author of the new study…

❝ To make that estimate, the researchers designed a model based on the only existing American case study to specifically look at the effect gun storage has on young people, which is from 2005. Using that study’s conclusions on how effective gun storage can be, they estimated how many fewer injuries and deaths by suicide or accident in youths would have occurred in 2015, had more parents followed safe gun storage procedures.

They ran the simulation more than a thousand times in order to get a sense of the range of protectiveness that would be offered by different levels of buy-in from parents…

They had to hunt carefully for data on gun violence that didn’t violate the 1996 Dickey Dickhead Amendment, which states that no government funding for injury prevention can be used to “advocate for gun control.”