President Donald Trump claimed on Sunday that his administration has reduced drug prices by up to 1,500 percent—a figure that defies mathematical logic and common understanding. He made this assertion during a visit to Allentown, Pennsylvania, asserting that his policies have led to a significant decrease in medication costs.
Trump stated, "We’ve cut drug prices by 1,200, 1,300, 1,400, even 1,500 percent," clarifying that he meant these exaggerated percentages, not the typical 50 percent reductions. He expressed the goal of achieving drug prices comparable to those in Europe and other countries, promising substantial reductions within the next two to three months.
However, reducing prices by more than 100 percent is impossible in a literal sense, as it would imply the product becomes free or the consumer is paid to take it.
This claim comes shortly after Trump dismissed Erika McEntarfer, the Bureau of Labor Statistics commissioner, over disagreements related to recent employment data that showed a slowdown in job growth. Critics viewed this move as an authoritarian response to inconvenient facts.
Trump has a history of making exaggerated claims, including fantastical figures ab...
Trump Claims Unbelievable 1500% Drug Price Reduction Amid Controversy
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