Office of Price Administration

Price Controls End After Corporate Decontrol Campaign, Inflation Spikes

1946-11-09 00:00:00 +0000 UTC | Importance: 7/10

The Office of Price Administration effectively ends on November 9, 1946, when President Truman removes controls on most consumer goods following intense corporate lobbying and deliberate business disruption. The premature decontrol triggers an immediate inflationary spike that harms consumers while …

Office of Price Administration Harry Truman National Association of Manufacturers U.S. Chamber of Commerce Congress +1 more deregulation corporate-influence inflation price-controls consumer-exploitation

Hold the Line Order Freezes Wages While Corporate Profits Soar

1943-04-08 00:00:00 +0000 UTC | Importance: 7/10

President Roosevelt issues Executive Order 9328, the “Hold the Line Order,” on April 8, 1943, directing the National War Labor Board to prohibit any further wage increases except to correct substandard conditions or inequities. The order freezes wages for most workers while corporate …

Franklin D. Roosevelt National War Labor Board Office of Price Administration AFL CIO +1 more wage-suppression labor-policy wartime-controls class-warfare economic-inequality