Re:Why to Start a Startup in a Bad Economy (2008)
by csdreamer7 on Saturday May 14, 2022 @03:09PM
(#31381286)
This is so wrong.
> The federal government cannot factories, particularly overseas ones, to produce more
I am assuming you mean 'force'. Trump literally used the defense production act to keep hamburger patties flowing when workers were complaining about COVID.
While keeping hamburgers coming was the purpose of this EO. This act allows the president to force producers to change production to benefit the defense needs of the united states. To produce 'more' of something through retooling or other means.
Please see a history of price controls. The article literally has a poster prohibiting charging more than govt set prices. Not saying price controls are a good idea, but do not claim something easily disproven with a google search. I learned about this in middle school.
> The federal government cannot factories, particularly overseas ones, to produce more
I am assuming you mean 'force'. Trump literally used the defense production act to keep hamburger patties flowing when workers were complaining about COVID.
https://thehill.com/homenews/administration/495175-trump-use...
While keeping hamburgers coming was the purpose of this EO. This act allows the president to force producers to change production to benefit the defense needs of the united states. To produce 'more' of something through retooling or other means.
https://en.wikipedia.org/wiki/Defense_Production_Act_of_1950
> - The gov't cannot set food prices
Please see a history of price controls. The article literally has a poster prohibiting charging more than govt set prices. Not saying price controls are a good idea, but do not claim something easily disproven with a google search. I learned about this in middle school.
https://en.wikipedia.org/wiki/Price_controls