Why bother having a Congress?
Also, file this under what could possibly go wrong?
This afternoon, in yet another executive action intended to boost the economy, President Obama signs an executive order that addresses prescription drug shortages.
The signing marks yet another move in the president’s “we can’t wait” campaign to grow the economy through unilateral actions while his $447 jobs bill remains stalled in Congress.
The president will direct the Food and Drug Administration to take steps to further reduce and prevent drug shortages, and price gouging. Obama will also reiterate his support for bipartisan legislation that will give the FDA new tools to avoid drug shortages.
Hmmm... price gouging. Let's see: the FDA will prevent this alleged gouging by capping prices thus exacerbating this drug shortage. Count on it. It's what they do.