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Regarding the recent Bangor Daily News editorial concerning price controls for insulin: Once upon a time, the Nixon administration fought inflation by imposing price caps on lumber. Soon, the cost of producing staircase stringers from large-size southern pine rose to be more than the permitted sale price. Understandably, the mills quit making the stringers, which they could sell only at a loss. Home builders faced a crisis.
Could such a thing happen with insulin? Is there an inflation price provision in the proposed $35 price cap?
John Ashby Morton
Little Deer Isle