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.
Price controls are well within the president’s powers. It’s not that radical of a concept.
Why is this upvoted?
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.
Republicans would never allow it.
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.
Windfall taxes. Let them share their gains, that’s the whole point of taxes since society don’t work otherwise.
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
In what country?