“ Economic freedom is, in fact, the requisite of greater prosperity for every American who earns his own living. ”
Dwight D. Eisenhower, State of the Union Address (1953). copy citation
| Author | Dwight D. Eisenhower |
|---|---|
| Source | State of the Union Address |
| Topic | freedom prosperity |
| Date | 1953 |
| Language | English |
| Reference | |
| Note | |
| Weblink | https://en.wikisource.org/wiki/Dwight_D._Eisenhower's_First_State_of_the... |
Context
“This misunderstanding has provided a climate of opinion favoring the growth of governmental paternalism in labor relations. This tendency, if left uncorrected, could end only by producing a bureaucratic despotism. Economic freedom is, in fact, the requisite of greater prosperity for every American who earns his own living.
In the field of labor legislation, only a law that merits the respect and support of both labor and management can help reduce the loss of wages and of production through strikes and stoppages, and thus add to the total economic strength of our Nation.”
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