r/news Jan 14 '22 Helpful 19 Wholesome 18 Evil Cackle 3 Silver 19 Gold 1

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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4.1k

u/Colorado1996 Jan 14 '22

Made millions from hiking prices from $13.50 to $750

Damn, saw that line and thought they were talking about insulin. Price gouging has happened on multiple life saving drugs? People are the worst

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u/[deleted] Jan 14 '22

Insulin should have a co-pay of about $2. Or less.

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u/Colorado1996 Jan 14 '22

I think there’s a strong case that insulin should be free. But ya I’ll take $2 or less

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u/Reutermo Jan 14 '22

It is free by law here in Sweden. Have been since the 60s.

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u/SnooPineapples494 Jan 14 '22 Helpful

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u/biggestbroever Jan 14 '22

If this is communist california, sign me up

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u/milk4all Jan 15 '22

If ever there was a state financially and socially ready to leave the union, it’s us. If it could be done without closing borders or too big a disruption to transport and trade, i wonder what that would look like with a few decades of preparation.

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u/nocturnal111 Jan 15 '22

CA has a ton of problems and has the most debt way more than any other state in the USA. Why don't you fix your homeless population and debt first?

"California, the most populous state, has the largest amount of total debt, at $507 billion. Conversely, Wyoming has both the lowest amount of total and per capita debt, at about $2 billion or $3,437 per person."

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u/GrafZeppelin127 Jan 15 '22

Population and debt go hand in hand, but it’s much more relevant to mention that California is currently running a budget surplus. Per capita debt, which you neglected to mention, is 14th in the Union.

Not advocating California leaving the union by any means, that’s just deranged, but there are leeches of federal funds and those that contribute more than they receive, and California is the latter, not the former. It gets $.99 for every dollar it sends, whereas the average state gets back $1.22 for every dollar it sends. This puts it at 42nd in per capita federal expenditures.

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u/nocturnal111 Jan 15 '22

That's fine if reddit wants to believe California's some incredible Utopia. I lived in California for over 5 years it's not as great as people think it is. I lived in many states all across the country California is probably one of the most problematic States I lived in between their tax rate how horrific traffic is the amount of homeless people and crime. But you do you reddit, feel free to downvote it's not the Utopia you think it is.

Also as for Budget surplus that's probably a little misleading cuz it's probably mostly Hollywood and silicon valley paying taxes that pay California. I could be wrong but that's just my guess. Maybe the state of California does make $75 billion a year and would be fine if all those massive companies left when they secede from the US.

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