Word: across-the-board
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...That analysis was widely disputed. Voicing the fears of many of the nation's businessmen, Ford Motor Chairman Henry Ford II called for a "decisive change in Government policy" to avoid "potential disaster"; he asked for a 10% across-the-board cut in federal income taxes. A do-something-quick mood also was evident among the members of TIME's Board of Economists as they gathered to trace the likely course of the economy for the year ahead. Tax Expert Joseph Pechman described the situation as "desperate," and Arthur Okun, former chairman of the Council of Economic Advisers...
Giscard sees inflation, currently running at about 15%, as the key threat. Polls show, however, that most Frenchmen worry more about job security. The President has argued that giving in to the strikers-the postal workers are demanding across-the-board wage increases of about $43 a month-would amount to capitulation in the struggle to control inflation. Millions of Frenchmen fear that allowing the strikes to continue could lead to a slump and inevitable layoffs...
Ewalt said he advocates an "across-the-board draft" of doctors to practice in understaffed areas...
...year (see following story). Escalator clauses in union contracts are further increasing pay; Eckstein calculates that an escalator in the steel pact will raise wages in that industry 4½% to 5% this year all by itself. Finally, Eckstein believes that many nonunion employers are handing out generous across-the-board wage boosts that they feel they can no longer avoid in a time of double-digit inflation...
...wage difference shrank, the night inspectors continued to get higher pay. The Supreme Court has now concluded that the situation "reflected a job market in which Corning could pay women less than men for the same work"-just what the 1963 Equal Pay Act was trying to cure. Across-the-board night-shift differentials are O.K., said the court, but not differentials "based upon...