ReasonTV | What happened when the feds lowered beef prices? @ReasonTV | Uploaded 3 weeks ago | Updated 9 hours ago
1946 was an election year and price of beef was skyrocketing. So the government reinstated federal war-time price controls. Angry farmers refused to sell their meat at government-mandated prices and as a result, meat production plummeted. #history #historytime #historyfacts #food #meat #economics