• iBaz@lemmy.world
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    11 months ago

    What can he do about it? We live in a free market society. All he can do is keep talking about it and hope the people get the message. Rebellion will start at the consumer level and go up, not the other way around. Main problem is the millions of people that rely on Fox for their news.

    • WeeSheep@lemmy.world
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      11 months ago

      Use the anti monopoly laws we have in place to prevent price gouging from lack of competition

    • Deiv@lemmy.ca
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      11 months ago

      Damn there is nothing the government can do. Sorry guys :( You’ll just have to buy less food, and maybe then the corporations will get the hint!

      Regulations? Laws against price gauging? Naw, they can’t do that. It’s the consumers that are at fault!

    • graymess@lemmy.world
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      11 months ago

      Price controls are well within the president’s powers. It’s not that radical of a concept.

      • Cethin@lemmy.zip
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        11 months ago

        It’s within congress’s powers for sure. I don’t think the president. Congress has done it in the past though, so they for sure can again.

      • money_loo@1337lemmy.com
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        11 months ago

        Why is this upvoted?

        No, the president of the United States cannot unilaterally implement price controls on goods without the involvement of Congress. Price controls typically involve changes to laws and regulations, which fall under the legislative branch’s authority. Congress would need to pass legislation granting such powers or specifically authorizing the president to implement price controls in certain circumstances.

      • SCB@lemmy.world
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        11 months ago

        Price controls are an extremely radical concept, themselves. Last thing this economy needs is further distortion.

        The sucky thing about inflation is you have to run through it like an illness.

        • Natanael@slrpnk.net
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          11 months ago

          Windfall taxes. Let them share their gains, that’s the whole point of taxes since society don’t work otherwise.

          • SCB@lemmy.world
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            11 months ago

            That’s vastly different from a direct price control, in both intent and effect.

            I’d love to pass lots more taxes but with the current House that’s completely impossible

      • prole@sh.itjust.works
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        11 months ago

        Do you know basic US Civics, or…? Biden has the bully pulpit (basically what he’s doing here), and that’s pretty much it. He can issue executive orders (and has in the past about this), but those are often complete bullshit that’s unenforceable, and will be removed by the next person in the office.

        Take a look at Trump rolling back Obama’s EPA purview over waterways in the US for a recent example that has left over 60% of our nation’s waterways now unprotected.

      • Ranvier
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        11 months ago

        Do you want a dictatorship or something? Congress writes laws, talk to your members of congress.