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Jack Salmon presents survey results indicating that 99% of respondents agree that widespread use of price controls leads to negative economic distortions.
The finding highlights a strong consensus against the effectiveness of price controls in economic policy.
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Salmon has previously noted that U.S. taxpayers will provide $300 billion in farm subsidies over the coming decade, with larger operations benefiting the most here. In a separate report, he highlighted that the effective tariff rate in June was about minus 8 percent, as tariff refunds reached nearly $26 billion for the month here. The latest survey adds to his ongoing analysis of economic policy impacts.