Price Controls Without Rationing Are a Disaster

Rationing was a key part of the o p a's price control programme back in world war to. If you want gas, you're either going to have to pay money for it, or you can have to spend an hour sitting in line. President nixon wasn't fully committed to prize controls and because of that, they didn't really work. They are not super enthusiastic and how they're applied. They're not super useful. Not the outcome nixon probably hoped for. The biggest white house scandal in a century, the watergate scandal, broke wide open to day. You just had the situation where consumers grew angrier and angrier and a super cynical. I am relying