November 30, 2012

Chart of the Day: Prescription Drug Prices are Skyrocketing

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Obviously prescription drugs cost more than generics. But prices are also diverging dramatically. Via Austin Frakt, the chart below tells the story. While the price of generic drugs has fallen significantly over the past four years, the price of prescription drugs has skyrocketed, outpacing inflation by more than 50 percent. You’re paying a lot for those name brands.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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