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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: monkeytrots in 6TH POPE | Recommend this post (3)
Sat, 23 Mar 24 2:44 AM | 35 view(s)
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Msg. 51403 of 60008
(This msg. is a reply to 51401 by Zimbler0)

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Good points, Zim. Sorry for the incorrect attribution of Nam withdrawal - Think you are correct on that one.

BUT I do blame Kissinger (Nixon) appointee for a very poor negotiation with the North Viets. We were within a week of having the North completely surrender, and it was HIS pressure on Nixon that ended the bombing on Hanoi which was extremely effective.

And it was definitely Nixon that hung Taiwan out to dry.

As you correctly point out, there was no 'peace dividend'.
however the budget buster spending bills WERE signed by Nixon, and going off the gold standard was the MAIN reason for the ensuing disastrous inflation and interest rates. Won't argue that we HAD to get off the gold standard - I think we did have to.

If one looks at the national debt in eight year increments over the past 60-70 years, you will quickly see that it doubles every eight years (plus or minus a little bit) no matter WHO is in charge. That even held true after the famous 'Contract with America' that was passed by Republicans back in the Clinton years. When it comes to politicians, they are all worse than drunken sailors with credit cards.




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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: Zimbler0
in 6TH POPE
Sat, 23 Mar 24 2:03 AM
Msg. 51401 of 60008

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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