04-03-2014, 12:05 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
The Economic Stabilization Act of 1970 was passed, inaugurating a policy of wage and price controls. Nixon stated in a letter that he wrote to Congress for full support of this act "Our tactics for pursuing this objective are twofold: First, to accomplish much needed and long overdue reform of the manpower programs set up under the Manpower Development and Training Act and subsequent legislation and thus increase their effectiveness in enhancing the employability of jobless workers; and, second, to move toward a broader national manpower policy which will be an important adjunct of economic policy in achieving our Nation's economic and social objectives".[4]
http://en.wikipedia.org/wiki/Economi...on_Act_of_1970
The Emergency Petroleum Allocation Act of 1973 (EPAA) was a U.S. law that required the President to promulgate regulations for allocation and price controls of petroleum products in response to the 1973 oil crisis.
It was extended by the Energy Policy and Conservation Act of 1975. Regulations were withdrawn by President Reagan in Executive Order 12287 of January 28, 1981.
http://en.wikipedia.org/wiki/Economi...ublic_benefits
http://en.wikipedia.org/wiki/Emergen...Allocation_Act
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Just like the govt wouldn't go in and nationalize the county's oil fields and refineries or set a maximum price on a gallon of gas, they can't exactly do that with the health sector or insurance either.
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Say what?
Can the Federal government declare a national crisis in healthcare availability and become the biggest competitor for healthcare in the marketplace -- you betcha!
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