Birdwatch Note Rating
2025-01-22 17:27:58 UTC - NOT_HELPFUL
Rated by Participant: BE4250E11E2B46089930ECC4BD6C4021630FCFC7EB445608C21341C5062D6DED
Participant Details
Original Note:
While President Trump did sign over 100 EOs and none, expressly, lowered the price of said goods the president does not have the power to set prices on anything. https://constitution.congress.gov/constitution/article-2/ Even if the president could set price controls it is a terrible idea to do so, according to economists. https://documents1.worldbank.org/curated/en/735161586781898890/pdf/Price-Controls-Good-Intentions-Bad-Outcomes.pdf https://www.cato.org/blog/prices-price-controls-introduction
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