Pres. Dwight Eisenhower's State of the Union address includes references to the Taft-Hartley Act, wages, and inflation

The president discusses the ineffectiveness of wage and price controls in preventing inflation and reducing living costs. He emphasizes the importance of free and competitive pricing for economic growth and announces that he will not seek to renew the current controls after April 30, 1953. Additionally, he highlights the need for corrective action in labor legislation, particularly regarding the Taft-Hartley Law, based on five years of experience.

What does the president believe is the best way to serve the interests of all people and meet the economy's needs?

• Reducing taxes for businesses

• Free and competitive pricing

• Implementing strict wage controls

• Increasing government subsidies

What is the president's decision regarding the renewal of wage and price controls?

• He will decide after further study

• He plans to renew them indefinitely

• He does not intend to ask for their renewal

• He intends to renew them for another year

What promise does the president make concerning farmers?

• To provide free equipment to farmers

• To reduce taxes for farmers

• To study full parity of income for farmers

• To increase subsidies for farmers

What is the common name for the Labor Management Act of 1947?

• The National Labor Relations Act

• The Wagner Act

• The Fair Labor Standards Act

• The Taft-Hartley Law

What does the president suggest should be done with the Labor Management Act of 1947?

• It should be repealed

• It should be left unchanged

• It should be amended

• It should be enforced more strictly