Four Years of Instability

Every time he opens his mouth.

President-elect Donald Trump lashed out at overspending on drugs and fighter jets during his press conference on Wednesday, giving progressives something to hope for but sending stocks in related companies diving.

  The INterept

And yet. I'm not a fan of the markets anyway.

First, he took aim at the drug industry, complaining that it is making too many of its products overseas and that the government does not negotiate with the industry for prices for the Medicare program.

It would be nice if it's not just bluster, and he actually took on Big Pharma and health care.

“The other thing we have to do is create new bidding procedures for the drug industry because they’re getting away with murder. Pharma, Pharma has a lot of lobbyists — a lot of lobbyists — a lot of power, and there’s very little bidding on drugs. We’re the largest buyer of drugs in the world and yet we don’t bid properly and we’re going to start bidding and we’re going to save billions of dollars over time.”

Let's have a single payer public option. Something tells me he's not interested in that.

[T]he admirals have been fantastic. The generals have been fantastic. I’ve really gotten to know ’em well. And were going to do some big things on the F-35 program and perhaps the F-18 program. And we’re going to get those costs way down, and we’re gonna get the plane to be even better and we’re going to have to competition. And it’s going to be a beautiful thing.”

You know how the media and the pundits all start throwing around phrases after the president says them, like Obama's "shellacking" comment? It's going to be a beautiful thing.

 ...but hey, do what you want...you will anyway.