So Queen Nancy thinks price controls can solve the high price of gasoline. The government will just declare the price your local station can sell fuel at. Then the price that the refiners can sell to the stations at. Then the price foreign nations can charge the US refiners…Except she can’t control the world spot price. So no foreign oil will flow to the US and supplies will fall. Then supply chain and economic activity crater and bingo you have Venezuela on the Potomac.
A nice long line at the gas station. Hopefully it will still be open after you wait an hour. Does Pelosi really want that for Nov? Maybe she knows Republicans would block it and she can claim they caused inflation.
Because his attempt was only for 90 days, and when it didn’t work it wasn’t repeated. The socialist government in Venezuela is still trying to make it work, even though it destroyed their economy.
And Nixon froze price changes, he didn’t dictate the selling prices.
Because Pelosi isn’t talking about price freezes, she is talking about ordering lower prices by government mandate, exactly what happened in Venezuela. I am not going to discuss apples when the issue involves rotten tomatoes.
Not rocket science, our electorate looks far more like south America than Eu demographically. Might have something to do with tens of millions of South American immigrants
