The Economy: Is It Constitutional?

IMMEDIATELY after President Nixon froze wages and I prices last August, 135 union lawyers met in Washington to decide whether organized labor should unite in urging federal courts to declare the freeze unconstitutional. Most felt that that would be useless, but at least six unions later decided to sue on their own. Although the freeze has ended, the court arguments have not. Last week the Amalgamated Meat Cutters asked the Supreme Court to review a lower court's decision that the freeze was indeed constitutional and that the butchers therefore could not collect retroactively a raise of 250 an hour that had...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!