Prices

What can the government do to keep prices from rising faster than the inflation rate is the main question for the upcoming elections. First off, they can encourage the increase in oil, coal and natural gas to lower the cost of transportation. This includes gas prices for consumers, diesel prices for trucking, farming and rail, jet fuel for airlines and heating oil for homes. Second the Fed can lower interest rates for lower cost home and auto loans and for business loans. Third, reduce regulations to promote new factories that will increase productivity. Forth, bring manufacturing back to America to reduce shipping cost. Fifth, promote free and fair-trade practices Sixth, encourage drug companies to price US drugs like they price other countries The goal is to have wages rise faster than inflation.