Dont they do more harm than good?? Id like to hear your opinions on this...
2007-09-09 01:39:49 · 12 answers · asked by sandee 2 in Politics & Government ➔ Government
Noooooooooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!! I like having a free market economy. The government has no place setting the price of anything.
2007-09-09 01:43:45 · answer #1 · answered by Anonymous · 3⤊ 0⤋
The government of the Bush administration has already imposed price floors, and even far below the floor. They are not capable or qualified to produce price ceilings, and they have never done this. As far as the economy goes, this unholy regime rewards the rich with mor wealth, and takes from the poor what they don't have to give.
The Bush Regime has produced no good at all, and every move they have ever made has been harmful to the nation, the earth, and even the souls of those who believe in the doctrine of The Crimson Tide (which are the republicans), and do not repent. This includes the Eagle's Nest, and all those in the cabinet.
For wheresoever the carcase is, there will the eagles be gathered together.
2007-09-09 01:46:04 · answer #2 · answered by Anonymous · 0⤊ 2⤋
The standard neoclassical answer is yes. They do not allow the market to function and prevent resources and investment from finding their most valued uses. Even in some hypothetical economy where the floor was below the market price and ceilings were above the market prices, resources were wasted in establishing and monitoring the system. In the real world the answer is a bit more complicated. It is possible that floors can promote investment in the good and ceilings, especially in times of crisis, might not reduce investment by that much. Plus if we are talking about actual utility, who knows. Either way, it's an empirical question.
2016-05-20 03:24:48 · answer #3 · answered by dee 3 · 0⤊ 0⤋
Absolutely we need government to regulate prices.
Their failure to put price ceilings on washing machines and price supports on washboards is why the entire washboard industry has been all but destroyed. The only people that buy them anymore are campy musicians and home decorators with questionable tastes.
Buggy whips have suffered a similar fate. There's more demand for them from the S/M crowd than people who actually drive horse-drawn buggies for the tourists.
Without government control, we have constant chaos of people buying what they want at prices they are willing to pay. This inefficient system has producers scrambling to try to produce products that buyers actually want at the best possible price; it is simply unfair to make them work that hard. In addition, it takes away the security that manufacturers have, since it removes the possibility that someone could make a better product and put them out of business.
2007-09-09 02:15:00 · answer #4 · answered by open4one 7 · 1⤊ 0⤋
Not on your nelly.
Price ceilings mean lineups. Price floors mean the government (using your tax dollars) has to buy up the resulting surplus. Would you like to be the personal owner of say, 5 billion tons of surplus cheese?
2007-09-09 01:45:51 · answer #5 · answered by GCB-TO 3 · 2⤊ 0⤋
No, won't work.
See what it's done for North Korea.
It would mean a complete Government Take Over of all our Freedoms.
Democrats would love it.
2007-09-09 02:31:26 · answer #6 · answered by wolf 6 · 0⤊ 0⤋
We've been there and done that, there isn't even anything to discuss, it's a bad idea, just like bringing back other stuff from the 70's, like the clothes.
2007-09-09 01:46:07 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Do that and all products and services disappear. See North Korea and Cuba, great Commie paradises.
2007-09-09 01:47:16 · answer #8 · answered by buttfor2007 5 · 1⤊ 0⤋
In strategic areas of course. They have always worked in the past, why change it?
2007-09-09 02:23:50 · answer #9 · answered by Mezmarelda 6 · 0⤊ 0⤋
controls always backfire
viva la libertarianism
2007-09-09 01:42:22 · answer #10 · answered by karen i 5 · 2⤊ 0⤋