Political Quotes

Gilbert Gutknecht: Well, the real bottom line is virtually every other company has to compete in a world marketplace. What we are saying is…

On the recordJune 12, 2003
Well, the real bottom line is virtually every other company has to compete in a world marketplace. What we are saying is let markets work. Open up the markets. Finally, we are all concerned about safety. But this is a counterfeit-proof package. It is a blister pack, one of the first versions. It is getting better. There is a great little company out in California that is helping to develop the technology for the new $20 bills to make them counterfeit-proof. It is good enough for the U.S. Treasury, but, so far, not good enough for the FDA. We are going to demonstrate in the coming weeks how we can have safety-sealed counterfeit-proof packaging which will guarantee the safety of drugs wherever they happen to come from. If the drug companies have to compete in a world marketplace, the way General Motors does, the way Eastman Kodak does, the way IBM does, the way Microsoft does, or the way every other company in America has to compete, you will see prices in the United States drop dramatically; and that amounts to billions and billions of dollars of savings, not just for retirees, but for all Americans.
Said by
Gilbert Gutknecht
Republican · Minnesota

Editor's note · Context

Discussing the need for competition in the pharmaceutical market and safety in drug packaging.

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