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Nixon, ever the pragmatist, philosophically disagreed with such economic interference but told his aides, "Now I am a Keynesian." His dalliance with leftist money supply economics wouldn't last long. 

Nixon eliminated most of these far-reaching government controls in 1973. 

The Cato Institute says attempting a command-and-control economy was a disaster.

By the time Nixon reimposed a temporary freeze in June 1973...it was obvious that price controls didn’t work: “Ranchers stopped shipping their cattle to the market, farmers drowned their chickens, and consumers emptied the shelves of supermarkets.”

Nixon rolled back the rules, extinguished the committees, panels, and offices put into their service, and said thanks and goodbye to the people brought in to implement the programs.

1 posted on 08/16/2024 7:15:15 PM PDT by SeekAndFind
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To: SeekAndFind
Harris has not defined price gouging , but beware government spendthrifts who point their bony, bejeweled fingers at the victims of their inflation-inducing programs and announce, "He did it!"

These are the same greasy lying creeps who have two Explosive Detection Canine Teams, one Transportation Security Specialist (explosives), one plainclothes TSA Supervisor, and three Federal Air Marshals following Tulsi Gabbard, the US Army lieutenant colonel-"terrorist", on every flight she boards.

Kamguzzala and her Gaslight Media better shut their whining pieholes about "inflation".

2 posted on 08/16/2024 7:19:56 PM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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her first of many huge mistakes since this started. Shes getting roasted from all sides now.


3 posted on 08/16/2024 7:19:59 PM PDT by basalt
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To: SeekAndFind

Her next big idea is to pass out little red WIN buttons.


4 posted on 08/16/2024 7:20:23 PM PDT by cyclotic (Don’t be part of the problem. Be the entire problem)
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https://katieporter.com/katie-porter-releases-10-point-housing-for-all-plan-to-solve-californias-housing-crisis/

Katie Porter’s legislation


5 posted on 08/16/2024 7:27:06 PM PDT by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: SeekAndFind
With Nixon, it was incompetent central planning.

With current year Democrats, it's deliberate economic war on the American people.
Part of the same larger enterprise as the war on farmers.

8 posted on 08/16/2024 8:18:28 PM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: SeekAndFind

Nixon had a lot of REALLY big mistakes:
Justice Blackmun
EPA
John Dean
Opening to Red China


10 posted on 08/16/2024 8:58:36 PM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: SeekAndFind

I saw the head of the Nixon Library who said there was no exhibit on this huge mistake


12 posted on 08/17/2024 1:23:56 AM PDT by FatherofFive (we mutually pledge to each other our lives, our fortunes, and our sacred honor)
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To: SeekAndFind

There would be riots at Walmart and other stores under commie-la’s plan.


13 posted on 08/17/2024 5:12:38 AM PDT by dynachrome (Auslander Raus!)
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