Steve Rattner
Former head of Obama Auto Task Force. Wall Street financier. Contributing Writer to NY Times Op-Ed. Morning Joe Economic Analyst. 🌐
- Trump supporters should be asking their GOP representatives why the elimination of carried interest didn’t make it into the House bill. It’s Trump-backed and would help pay for the massive tax cuts.
- Increasing the debt by over $3 trillion to pay for a tax plan that disproportionately serves the wealthy is a bad deal for the American people.
- Glad to find some common ground with RFK jr: we both agree people shouldn’t be taking medical advice from him.
- One reason why drug prices have been increasing is that new drug approvals have gone up, and new drugs are more expensive. My @morningjoe-msnbc.bsky.social Chart
- Even though American drug prices are high, according to the market, the companies aren’t exactly walking away with a steal. Excluding GLP-1 manufacturers, pharma stocks underperform the S&P. My @morningjoe-msnbc.bsky.social Chart
- If it feels like prescriptions are getting more and more expensive, it’s because they are: pharmaceutical prices have grown about 3x faster than overall prices over last 40 years. My @morningjoe-msnbc.bsky.social Chart
- America’s drug affordability problem comes from incredibly expensive brand-name drugs: 90% of prescriptions are generic, but 87% of spending is on brand-name. My @morningjoe-msnbc.bsky.social Chart
- America’s drug prices are indeed extraordinarily high — other developed countries pay about a third of what Americans do for prescriptions. My @morningjoe-msnbc.bsky.social Chart
- Tariffs have come down significantly from last week, but make no mistake: they’re still at their highest levels since WW2.
