Presidents & Prices
CBS News’ Margaret Brennan and John Dickerson claim that “the president of the United States has nothing to do with the price of bacon,” “or eggs,” “or gas,” “or any of it.”
IN FACT, presidents impact the prices of virtually everything through federal deficits that spur inflation, regulations that prohibit the use of cost-effective production methods and resources, price and wage controls, trade deals, tariffs, and more.
