They don’t work and never have.
Price controls will assure shortages and rationing. Anyone remember that odd even day gas in the 1970s? Brandon will have use standing in line for everything just like in Stalin’s Russia.
I survived Nixon’s wage and price controls period.
The democrats used to soft-headed but basically well-meaning. They are now a criminal syndicate buying votes from looters. Their intent is to steal as much as possible before the collapse and try to dominate the reconstruction.
Government run and government controlled everything in that place that used to be America.
YAY. I’ll call up dad and we can push around the massive car we had when the gas rationing happened under Carter. Happy days are here again.
No enumerated power, 10th Amendment, Democrats are lawless scumbags, baby killers and poofter loving trash.
“It’s the beginning of an accelerating wage price spiral, and could continue on for several decades.”
That was a good spot to stop reading.
Will they control the wages of government employees or will they raise them?
Stop buying stuff and the prices will go down.
I remember the price & wage controls. Where I live controls gave employers a free hand on no raises while prices went merrily on their way up. Now I’m on S.S.,prices are higher than ever & you get the 2-bit S.S. raise. Same stinking deal. Well, not quite the same deal....now we have a COMPLETE joke for a president & administration.
I remember the price & wage controls. Where I live controls gave employers a free hand on no raises while prices went merrily on their way up. Now I’m on S.S.,prices are higher than ever & you get the 2-bit S.S. raise. Same stinking deal. Well, not quite the same deal....now we have a COMPLETE joke for a president & administration.
Price Controls are a proven failure.
Raising interest rates - though painful - works.