Business
Biden’s Latest Terrible Idea—And We’ve Seen It Fail Before
![Biden’s Latest Terrible Idea—And We’ve Seen It Fail Before Biden’s Latest Terrible Idea—And We’ve Seen It Fail Before](https://i1.wp.com/imageio.forbes.com/specials-images/imageserve/66aacfb533fa5f3376487d23/0x0.jpg?format=jpg&crop=1919,1079,x0,y0,safe&height=900&width=1600&fit=bounds&w=780&resize=780,470&ssl=1)
In a desperate bid for popularity, politicians will often grab an idea that may sound appealing but, in practice, is a disaster. And despite repeated poor real-world results, they keep coming back to that failed idea.
What’s Ahead searingly assesses the latest example of this kind of policy perversity: President Biden’s recent proposal for a nationwide version of rent control, which would end up leaving us with fewer apartments at higher rents.