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Re: A California McDonald's franchisee says fast food would be 'unaffordable' if she raised prices enough to cover the new $20 minimum wage 

By: Zimbler0 in 6TH POPE | Recommend this post (3)
Sat, 23 Mar 24 2:03 AM | 35 view(s)
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Msg. 51401 of 58580
(This msg. is a reply to 51386 by monkeytrots)

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MonkeyTrots > It was RMN - Richard Millhouse Nixon. He should have been impeached for the Wage and Price Controls -


Correct me if I'm wrong . . .
But the demo-rats handed Nixon a trifecta of budget busting 'initiatives'.

Johnson's Vietnam War. (Won by Nixon.)
Kennedy's 'Man on the Moon'. (Accomplished by Nixon.)

And Johnson's 'War on Poverty'. Lost.

I suspect it was the congress 'spending a peace dividend' on the 'War on Poverty' as much as anything else that drove sky high inflation.

And, it was Ford who declared the war in Vietnam was over . . . and Ford presided over the exodus from Vietnam after N. Vietnam violated the peace agreement Nixon hammered out.

And I found this :

>>>
Published Feb. 16, 2021. In 1975, then-U.S. Sen. Joe Biden blocked aid to South Vietnam and did not allow admittance of Vietnamese refugees into the United States. Former Secretary of Defense ...
>>>

I will agree with you that wage and price controls both should be Un-Constitutional.

But I would like to have what drove Nixon to those things discussed and recognized.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: A California McDonald's franchisee says fast food would be 'unaffordable' if she raised prices enough to cover the new $20 minimum wage
By: monkeytrots
in 6TH POPE
Fri, 22 Mar 24 7:32 PM
Msg. 51386 of 58580

>> Price and wage controls NEVER work ...

Try a little closer to home.

Remember the single person responsible for isolating Taiwan, for the interest rates (on homes) going to the stratosphere, for inflation going to over 20%, for eliminating the gold standard. Add in the 'Wage and Price Controls' coming from the WH of the USA. Worse than present day Californication and Newsom.

Nope, wasn't Jimmy Carter responsible for all that.

It was RMN - Richard Millhouse Nixon. He should have been impeached for the Wage and Price Controls - not for the Watergate playground and distraction. No, he wasn't impeached - BUT remember also that Spiro Agnew had to resign from the VP because he was indicted and convicted on criminal charges. So much for the "can't indict a sitting president" - they did it to a VICE President, they can do it to a President.

We can also lay the complete FUBAR withdrawal from South Vietnam solely at the feet of Nixon and Kissinger - just like Brandon and Afghanistan, well .... South Vietnam withdrawal was worse.

Yeah, I remember ALL that, very clearly. And I'm only 68.

Oh, and minimum wage was 0.75 per hour, and gas was in the 0.15 to 0.18 range. I worked at an on-base Gas Station at Webb AFB, Tx providing the now defunct 'full service' aspect of fill-er-up and check the tires.


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