we had rationing during world war 2 and we won the war, so it must work. we should ration today because we have a pretty big problem with income/consumption disparity. rich people should be only allowed as much stuff as poor people.
Price controls affected none of those things. Stick to the issue. Exactly the point that I'm making. When you say that price controls never work, it ignores the special circumstances that sometimes happen. The point is that that there are times when price controls have worked as intended. That is all. And they did work. They curbed runaway inflation, price gouging, hoarding, war profiteering, and help prevent shortages. All of which would have been bad for the people, for the war effort and for government budgets. That is absolutely wrong and ignoring history again. It was necessary to keep and contented and motivated work force for the effectiveness of the war effort on the home front. The shortages that happened and the competition for the depleted skilled labor would have produced wildly spiking wages and prices of certain goods and services. The nation in no way wanted "desperately poor" workforce nor did they want certain industries and individuals to accumulate massive wealth at the same time, just because there was an emergency. The price and wage controls worked as intended to prevent price gouging and war profiteering while guaranteeing that the workforce was never "desperately poor".
I mentioned the the price controls were popular only to counter martins claim that price controls exploit the people. The evidence that it worked is in the lack of price gouging, hoarding, war profiteering, egregious shortages, and runaway inflation. It was intended to curb these problems and it did.
Popular and exploitation have no correlation here... There is no evidence of those things because the government was in control of most all the resources we had in this country for the war efforts.
Again you are just saying the price controls worked. You have no evidence. In the war the economy is completely different and functions basically like one big government factory making guns. And in this particular war everyone was for it and loved to sacrifice. In what way did price controls work? You can't just say they worked. Do you now agree that they are terrible for modern peacetimes and have you shifted your argument completely to only wartimes?
Duuuh! They were in control including price controls! It's a historical fact. The government is always in charge of price controls.
Already answered about three times, the last time in post 125. I will not keep repeating myself just because of your obsession in getting in the last post. Grow up.
