WASHINGTON (AP) — President Donald Trump, who helped push the term “ fake news ” into the mainstream, now seems to have a new favorite subject: fake math.
During a Thursday event announcing a deal with drugmaker Regeneron to lower the cost of its pharmaceutical products, Trump defended his past claims that prices on prescription medications had been cut by well over 100% — something that is mathematically impossible without manufacturers dropping prices to zero and then presumably paying consumers to use their product.
Trump acknowledged having boasted that his efforts to lower drug prices had reduced what consumers pay by “500%, 600%.” But he added, “We also sometimes say 50%, 60%” and called it a “different kind of calculation” that could go up to “70, 80 and 90%.”
“People understand that better,” Trump said. “But they’re two ways of calculating” and “either way, it doesn’t make any difference.”
There could indeed be two ways of calculating such things — but the difference is very important. One is correct. The other is nonmathematical.
It was one of several times Trump used his own — but incorrect — math during the drug pricing event. He claimed the 7 1/2-week-and-still-going Iran war actually fell within the four- to six-week timeline he predicted early on. The president also brought up the crowd size for his 2017 inauguration — a subject that led onetime top Trump adviser Kellyanne Conway to unwittingly make the phrase “ alternative facts ” famous.
Trump’s incorrect take on percentages — something he has long repeated — came just after his health chief, Robert F. Kennedy Jr., brought up the issue on his own during the same Oval Office event Thursday.
Kennedy noted that he was reminded of his exchange the previous day with Sen. Elizabeth Warren, D-Mass., at a congressional hearing when she said that claiming price cuts exceeding 100% might suggest “companies should be paying you to take their drugs.”
Kennedy said during the hearing that Trump “has a different way of calculating.”
On Thursday, Kennedy argued that drug manufacturers had raised prices on popular medications by more than 100% and that Trump was then cutting the price down substantially — meaning he was wiping out percentages of costs worth more than 100%.
“If the drug was $100, and it raised the price to $600, that would be a 600% rise,” Kennedy said — even though that’s incorrect. Six hundred is indeed 600% of the original 100 value, but the increase from one to the other is actually only 500%.
Kennedy then continued, “And the president used that mathematical device.”







