Word: basics
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Dates: during 1950-1959
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TIME'S cynical theater reviewer is not only deaf to The Sound of Music, he must also suffer from a basic inability to enjoy some of life's simple pleasures [Nov. 30]. If Mary Martin can ever be "a little too lovable," I want to be there...
Despite loud bargaining noises, the two sides have come comfortably close to agreement on wages (the company's last offer was a 30? package increase over three years-to an average $3.40 an hour -which the union says is really 22?). But the basic issue was industry's demand for changes in the contract's twelve-year-old Section 2-B, which had deprived the steel companies of the right to change "local working conditions"-practices and customs, varying from one plant to another, governing such matters as crew sizes, the duties of particular jobs...
...basic 2-B dispute has been befogged by both sides: by McDonald's charges that the steel industry is out to "bust the union," and by the industry's failure to explain its case to the public. But behind the fog, the issues in the steel strike-whether an economy beset by price upcreep will be subjected to another inflationary steel settlement, whether an industry already pressed by foreign competition should accept another upthrust of wage costs, whether collective bargaining is a one-way or a two-way street-still loom in the background, confronting the U.S. Government...
...resounding proclamation got plenty of headlines, but it suffered from one basic defect: House Speaker Sam Rayburn and Senate Majority Leader Lyndon Johnson, the Democrats who can do most to translate the program into law, stayed far, far away from the D.A.C. session and said not a good word for its platform...
...Project's work is not to construct actual tables. The cost of collecting the extremely large amount of data is beyond the scope of so small a group. The 25 Faculty members in the project conduct basic research, investigating different facets of Leontief's model. Among the studies now in progress is one on technological change and the methods through which new techniques are diffused through industry--this is coordinated with Leontief's work on a dynamic model. Application of the table to regional problems is being perfected; while various sectors of the economy--particularly household consumption and natural resources...