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 new insight or understanding did you gain from this video?