“Brand-name medicines’ market exclusivity periods have climbed an average of 2.2 years since the mid-1990s, steadily delaying the market arrival of generic rivals. Reversing that trend alone could save the U.S. health care system roughly $31.7 billion, according to a Matrix report commissioned by the Coalition for Affordable Prescription Drugs, a group of insurers, pharmacy benefit managers and large employers.”
Today, Brill discusses President Trump’s potential appointment options for the Federal Reserve Board of Governors.
Watch Brill’s latest news clip from his CNBC interview where he discusses raising tax rates on the rich.
“He (Alex Brill) found that 10 states — many of them with large rural populations — broke records in 2019 by hitting their lowest unemployment rates in history: Alabama, Iowa, Kentucky, Mississippi, North Dakota, Pennsylvania, South Carolina, Tennessee, Vermont and Wisconsin.”
The fourth quarter economic reports show less growth than expected. Brill shares his opinion that “things are slowing a little bit around the world and its a little bit of a timing effect between the seasonal issues that we know and the shutdown issues as well.”
The Washington Free Beacon referenced Alex Brill’s recent op-ed talking about the costs of the proposed Green New Deal.
“AEI resident fellow Alex Brill explained last week that regardless of cost, the unintended consequences of the Green New Deal are “the worst imaginable.”
Brill discusses the opioid tax on big pharma in an interview for KSRO stating, “it’s going to result in higher prices for those opioids. But the out-of-pockets costs for the person filling the prescription is likely to remain the same.”
““We find that the law will reduce charitable giving by 4% to $17.2 billion in 2018 according to a static model and $16.3 billion assuming a modest boost to growth,” Brill writes in the paper.”
“I think we are going to see in 2019 that it is a little softer than 2018. We just came off of a 3.5% Real GDP quarter. I think the consensus that a little bit of a slowdown next year is correct. That said what is keeping the economy going is in part a fiscal boost, a little bit on the spending side, and on the tax policy side, both putting cash in people’s pockets.”
“We’ve seen three months of strong economic growth in the labor market and we are adding jobs. I’d also just add we are two weeks away of getting the state level numbers and I think that will be informative both with respect to the weather effects and quite frankly some of the political aspects. We will have a better insight as to where these jobs are being created.”