ARC's 1st Law: As a "progressive" online discussion grows longer, the probability of a nefarious reference to Karl Rove approaches one

Friday, September 22, 2006

Wal-Mart Hurts Consumers , Workers, and Mom & Pop

This is just the latest story on how Wal-Mart is hurting consumers...

Wal-Mart to Sell Generic Drugs for $4
Sep 21, 10:38 AM (ET)

By ANNE D'INNOCENZIO

TAMPA, Fla. (AP) - Wal-Mart announced today that it will start a test program in Florida, where it will sell generic prescription drugs for $4 for a 30-day supply. The test will start tomorrow in 65 Tampa Bay-area stores and is to expand to the whole state by January.

In a statement, CEO Lee Scott says the world's largest retailer intends to "take the program to as many states as possible next year."

On average, generic drugs tend to cost between $10 and $30 for a month-long supply.

The world's biggest retailer said that it will test the program in Florida that will make 291 generic drugs available, which are used to treat a variety of condition from allergies to high-blood pressure. It will also be available to the uninsured.

The program will be launched on Friday at 65 Wal-Mart, Neighborhood Market and Sams' Club pharmacies in the Tampa Bay area in Florida and will be expanded to the entire state in January.

The company said it plans to take the program to as many states as possible next year.

"Each day in our pharmacies we see customers struggle with the cost of prescription drugs," said Wal-Mart CEO H. Lee Scott, Jr., in a statement. "By cutting the cost of many generics to $4, we are helping to ensure that our customers and associates get the medicines they need at a price they can afford."
[...]
You would think that the poor, the middle-class, and the elderly would know what's best for them.

It's unbelievable that Wal-Mart is trying to put all the Mom & Pop drug stores out of business. I mean, pretty soon everyone will be working at Wal-Mart, right? And not to mention how this unfairly puts pressure on Wal-Marts supply chain for generic drugs. Those poor pharmaceutical companies that are caught up in Wal-Marts crazy desire for low prices will probably have to move operations over to China or something.

Your Co-Conspirator,
ARC: St Wendeler

Comments (1)
Anonymous said...

I THINK IT'S A GREAT IDEAS ESPECIALLY FOR THOSE OF US WHO ARE UNEMPLOYED, ELDERLY ON A FIXED INCOME, AND THOSE WITHOUT NO HEALTH INSURANCE WHO ARE GOING WITH OUT THEIR MEDS BECAUSE THEY CANT AFFORD THEM. tHE THING I DONT UNDERSTAND IS WHY DID IT TAKE WALMART TO BE THE ONE TO COME UP WITH THIS IDEA WHEN OUR POLITIANS COULDNT COME UP WITH ANYTHING?