NEWSPAPER PRIORITY HANDLING
History Lessons By Lee Pitts
LEE PITTS
V
ice President Kamala’s solution to cure the high inflation caused by the Biden/Harris administration over the past four years is price controls on private-sector businesses to cure price gouging, or what she mistakenly called price “gauging.” Her proposal was one of the worst of the few ideas she has uttered thus far in her campaign. No wonder her handlers don’t want her to do any interviews or answer any questions. The idea that she could get elected and impose such controls should scare cowboys right down to the bottom of their boots. Price controls have been tried around the world for centuries and they have always failed. Just ask any rancher who was alive during the reign of “Tricky Dick” Nixon.
1973 I’ll never forget my first date in 1973 with the woman who has been my wife now for over 50 years. I wanted to make a really good first impression so I took her to a highly regarded steakhouse I couldn’t afford with white tablecloths and three forks per place setting. She’s a beef lover like me so you can imagine our surprise when we were told that there was no beef available! At a steakhouse! This was because Richard Nixon was in a close Presidential race for reelection and unemployment stood at 6 percent and inflation was higher than it is now. He outlined his response in a nationally televised address by saying, “I am today ordering a freeze on all prices and wages throughout the United States.” continued on page 2