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3825-87867

(1,370 posts)
Tue Apr 29, 2025, 04:04 PM Tuesday

Remember the "shortages of the Early 70s?

Coffee, sugar, energy, oil, even toilet paper though some claim that was false even though it drove TP prices up? Look up some of the videos on line for an eye opening surprise. Once the supplies were available again, son of a gun, the prices stayed pretty much as they were. Those will pale compared to what the Republicans and the Religious Fanatic Heritage Foundation has thrust on People today. (If you believe tramp is even close to smart enough to come up with ANY of this BS, you are one of those entitled people who doesn't have and won't make time for these "less important things" - since they don't affect you!)

What most people aren’t taking into consideration, but the very well-to-do are, is that even if tramp reverses the entire tariff BS tomorrow, the prices will remain high because of low to an almost non-existent supply and capitalistic greed from our corporate overlords.

One of the things we were told by CEOs back then was that as “soon as the items become readily available, we will lower the prices.” Yeah, and the check went out with the morning mail! Sooner or later, you will hear some “concerned CEO” claim that they will do everything they can to lower prices but…, there have been obstacles to overcome first! Sadly. most will believe them, just like they believed tramp as he was running for dick-tater.

While some prices were lowered after these “shortages” back then, they never matched the previous prices, meaning those corporations made a bundle because of the shortages. Surprise! Because we had to pay more for those products (and Nixon's excess during Vietnam), but wages stayed the same, we had high inflation for the next 6 or 7 years, which the ignorant public, with the help of the Republicans and media, blamed on Carter.

Now, coupled with a massive tax break for the gawds of America, once the tariffs are back to “reasonable” prices this time, they will probably not even come close to what they were. This means that not only do corporations gain tremendously from the Trillion Dollar tax breaks Republicans want to GIVE them, but are shoveling even more money into their greedy hands and creating more and even higher inflation. It’s a two-fer that we are going to pay for for years to come…until they create another situation to screw us. It’s a win-win situation for them thanks to tramp and they know it and are taking advantage of it.

Those $20,000 added fees for cars are not likely to come down $20,000 much, if at all, after this is over. There will be an incredible amount of bullshit from politicians and corporations trying to sell us why they can’t return to the “old days” because blah, blah, blah and you people will just have to live with it…if you can. If you believe that things will get “back to normal”, please sign Schumer’s Letter as that will have as much impact on this corrupt administration as trying to kill a bothersome fly in a dark room. (or even trying to find enough toilet paper again!)

This is cyclic. It’s intentional and preplanned by those in charge for their own gain. And most Americans, if they get even less than 5% back from all those tariffs, will be so thankful, they won’t worry about tomorrow…again.
Americans might not be the stupidest people on earth, but they better hope those even more stupid don’t die off! But rest assured, they will vote AGAIIN for the next trump that comes along, because...Democrats raise taxes, etc, etc, ad infinatum!

As per Harlan Ellison, I Have no mouth and I must scream! Prophetic? Store some canned food!

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Remember the "shortages of the Early 70s? (Original Post) 3825-87867 Tuesday OP
Remembering Nixon's Wage and Price Controls SARose Tuesday #1

SARose

(1,398 posts)
1. Remembering Nixon's Wage and Price Controls
Tue Apr 29, 2025, 04:18 PM
Tuesday

Yup!

Snip


On Aug. 15, 1971, in a nationally televised address, Nixon announced, “I am today ordering a freeze on all prices and wages throughout the United States.”

Snip

There was no national emergency in the summer of ’71: unemployment stood at 6 percent, inflation only a point higher than it is now. Yet, after Nixon’s announcement, the markets rallied, the press swooned, and, even though his speech pre-empted the popular Western Bonanza, the people loved it, too — 75 percent backed the plan in polls.

Snip

Ironically, Nixon’s actions also helped galvanize an emerging libertarian movement opposed to the bipartisan welfare-warfare state. “I remember the day very clearly,” Rep. Ron Paul, R‑Texas, recalled in 2001, saying the events of Aug. 15, 1971, drove the reluctant young obstetrician into politics.

For years, Paul waged a one-man war against economic nostrums and presidential command and control. Lately, though — with the rise of the Tea Party and his strong showing in the Ames straw poll — he’s not looking so lonely anymore.

Snip

More

Just restocked my long term storage pantry with coffee, toilet paper, tissues, paper towels, canned beans, pasta of all types, spaghetti sauce, vodka sauce and Alfredo sauce.

Next week peanut butter, dried beans, canned fruit, sugar, chocolate, more canned vegs, crackers, and olive oil.

Week after that flour, frozen bread, frozen pie shells, frozen vegetables, corn meal, grits, cranberry sauce, and frozen fruit.

After that we’ll see what we can afford next.🤭


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