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Presidents and administrations might not be able to dictate specific prices, but they can and do enact laws and regulations that influence or even define the economy. Trump's proposed tariffs are expected –not just by economists, but by markets, as seen after the election– to raise prices and, if they are enacted and result in the predicted outcome, fingers should be pointed at his Orangeness.
The President does not create laws, Congress does. The President can repeal laws, which doesn’t help in this context.
Tariffs are not laws. They are an additional tax, and you’re correct in stating that they certainly won’t lower prices.
The tariff establishes the market floor. Trump can enact tariffs without congress. It will be setting the economy on several market vectors.
If you don’t know how it works, don’t post troll content. #NotFeedingFurther #BrandolinisLaw
No additional tariff is capable of lowering a product’s price. It’s simply a way to give domestic production a competitive advantage without them lowering their prices.
My point is about the President’s limitations on fixing or lowering grocery prices, not raising them.
Google chicken wars. Stop wasting time, troll.
The Chicken Wars resulted in more expensive European imported chicken, not less expensive domestic chicken.
Not a single response in this thread has explained how a president can lower grocery store prices, and I’m the troll?
https://lemmy.world/comment/13808456
Again, that only refers to increasing prices. Read the comment you’ve been challenging this whole time.
The parent comment I made was stating that POTUS is incapable of fixing or lowering the price of groceries without an Executive Order. Why contest in the first place if you have no way to substantiate your opposing view?
Clown.jpg
Congratulations. It took you two days to prove you don’t know what you’re talking about.
Thanks for wasting my time. Take care.
Thanks for playing! Glad it was wasted. Go study capitalism & tell me about the price of jeeps. 🤓