Monday, October 29, 2012
Price Ceilings, yo
I agree that the government ought to put price ceilings on specific items because it allows consumers to be able to purchase goods without having to worry about the increase in price. This can be seen within the constant issue of starvation in the US. In my opinion, I believe that the government should put a price ceiling on food in order to lower the number of hungry children and adults. Therefore, this makes our country look prosperous, as well as healthy and stable. In addition, malnutrition would drastically decrease. Although suppliers will not be satisfied due to the negative decrease in profit, overtime, suppliers will be able to adjust to the demand and be able to make a profit. This ideology would take several years, but with the government's help, it could be made possible.
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