Obama’s Drug Demagoguery

President Obama couldn’t wait to trample over the legislative process again. This week he issued his 98th executive order, and this one addressed an irresistibly exploitable policy issue: prescription-drug shortages. Soon, “One a Day” won’t just be a multivitamin. It’ll be the rate of White House administrative fiats.

Federal officials darkly suggest that selfish industry “stockpiling” is endangering Americans’ lives. “If we find out that prices are being driven up because shortages are being made worse by manipulations of companies or distributors,” the White House further threatened, “agencies will be empowered to stop those practices. And the FDA and the Department of Justice will be investigating any kinds of abuses that would lead to drug shortages.”

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