Nancy Pelosi: Magician or magician’s assistant?

Published November 4, 2019 5:08pm ET



I wrote a few weeks ago about House Speaker Nancy Pelosi’s H.R. 3 (the oh-so wonderfully titled Lower Drug Costs Now Act) that is forecast to be catastrophic to the future of drug innovation by imposing an outrageous 95% tax on certain drugs if the manufacturers don’t go along with the speaker’s onerous plan. While I stand by my previous commentary that her bill relies on make-believe, on further contemplation, I believe that she just might be acting as a flunky.

For those of us to the right of Joseph Stalin, this isn’t a daring conclusion. But for the rest of you, let me explain what I mean. Magicians use stooges to help sell a trick, and politicians use stooges to sell their policy.

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