this post was submitted on 28 Nov 2023
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[–] [email protected] 5 points 1 year ago (4 children)

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

[–] [email protected] 12 points 1 year ago (1 children)

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.

[–] [email protected] 1 points 1 year ago

Republicans would never allow it.

[–] [email protected] 7 points 1 year 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.

[–] [email protected] 1 points 1 year ago

In what country?