And many of the social programs Libs love were actually STARTED by Nixon, despite the fact that people keep trying to label him a conservative.
Of course, we wouldn't have NEEDED those price controls if Johnson hadn't have tried to finance his "Great Society," and the Vietnam war, by printing more money.
Right now, Obama's done the same thing, but that money hasn't "gained velocity" yet, because the banks still are reluctant to lend.
One of the reason Obama doesn't WANT a strong recovery is he KNOWS inflation is going to TAKE OFF when that happens...
Of course, idiot Dems will probably blame it on a Republican when it does.