While the drugmakers spread their cash around all of DC, they overwhelmingly prefer Democrats. In recent elections, Big Pharma donated significantly more money to Democratic candidates than Republican candidates. From 2016 to 2022, the industry gave a whopping $29 million to Democratic candidates. This trend stands true for the current election cycle, with more cash going to Democrats once again. This favoritism extends to the presidential race. The drug lobby has donated four times more money to Joe Biden than it has to Donald Trump. And the industry’s generosity to Team Blue doesn’t end with individual candidates. Its chief lobby, PhRMA, also gives millions to liberal campaign arms like the Democratic Attorneys General Association.
Democratic campaigns are just one aspect of Big Pharma’s wokeness. The pharmaceutical giants lavishly donate to left-wing causes outside of electoral politics.
Big Pharma finances left-wing front groups that serve its interests. One such group is the PBM Accountability Project, which is an effort intended to support legislation against pharmacy benefit managers. PBMs are third-party operators that negotiate for lower drug prices on behalf of health insurance recipients. Big Pharma has an interest in reducing their influence on the market so they can rake in even more profits.
The PBM Accountability Project is the creation of America’s Agenda, which is financed by PhRMA. The group brings together figures associated with labor unions to lobby for restrictions on PBMs. Unions are critical to America’s left-wing coalition, and Big Pharma utilizes their muscle for its own interests. It’s no surprise, then, that union-loving Bernie Sanders is advancing a bill to restrict PBMs in Congress. The socialist senator and Big Pharma have a lot in common.
The big drugmakers proudly endorsed Black Lives Matter and its radical agenda in 2020. Many of its leading executives issued groveling statements that apologized for their white privilege and America’s alleged systematic racism. “As the CEO of the world’s largest healthcare company, I must state unequivocally that racism in any form is unacceptable and that black lives matter,” Johnson & Johnson Chairman and CEO Alex Gorsky declared at the time. “And as a white man, I also need to acknowledge the limits of my own life experience and listen to those who have faced systemic injustice since the day they were born.”
Read more at: AMGreatness.com
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