Word: constraints
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Dates: during 1980-1989
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...Carter does not have stand-by power to impose them. The overwhelming majority in Congress still opposes such measures. Most labor leaders and business executives would undoubtedly rush to post "anticipatory" increases in wages and prices if Congress seriously debated granting the President authority to impose controls. Another constraint might be White House resignations. Anti-inflation Adviser Alfred Kahn favors some credit controls but says he would quit if wage-price limits were introduced...