• JasonDJ@lemmy.zip
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    21 days ago

    Because stop me if I’m wrong, but when prices go up and salaries don’t, then that’s having a lasting impact. And if you haven’t done anything about that lasting impact, you haven’t done enough, or convinced enough.

    Presidents don’t have a magic lever to adjust for price of goods or price of labor.

    • alcoholicorn@lemmy.ml
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      21 days ago

      They can implement price controls via executive order. They can also remove tariffs.

      Remove the 25% tariff on Chinese goods, and then set prices of the biggest offenders to something punishing and watch the rest stop jacking up prices.

    • Avid Amoeba@lemmy.ca
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      21 days ago

      Price controls, rent controls, tariffs, company breakup, nationalization. Neoliberalism isn’t and hasn’t been the only state a capitalist economy can exist in.