Word: benefited
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Dates: during 1970-1979
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...wage spiral. Says Brill: "There are contracts for 740,000 construction workers coming up between March and June. I just hope they don't read the papers, because a lot of their wives are going to be around reminding them of that 38.8% [prospective coal wage-and-benefit increase] over three years." In addition companies will also bid up the price of nonunion coal, switch to higher-priced fuels or make up for lost work by scheduling costly overtime when the strike ends. Those moves could boost inflation by as much as one-tenth...
...made most of the $2.2 billion in U.S. loans now outstanding to South Africa. Citibank did not trumpet its decision; it broke the news in a proxy statement to shareholders, quietly adding that it is continuing to lend "selectively, to constructive private sector activities that create jobs and which benefit all South Africans." It did not say what guidelines it would follow to make sure its loans achieved a multiracial purpose. Nonetheless, activist groups that have been pushing U.S. companies to get out of South Africa were happy that such a major bank had actually cut off credit...
There is also a benefit for the physician. A doctor who does a caesarean to avoid a difficult birth can rarely be faulted legally; on the other hand, a physician who performs a forceps delivery may find himself facing a malpractice suit if the infant turns out impaired. New York Hospital's executive associate director, Melville Platt, a former practicing obstetrician, notes that such "defensive" medicine makes good economic sense. In 1969 a New York City obstetrician had to pay $3,000 a year for malpractice protection. Today the same coverage costs...
...still alive, if somewhat decrepit. The country is growing up so fast--growing up cynical. The rich advance, playing the stock-market and beating back the unions. The workingman comes to understand he is no more than a commodity. A world war is fought for democracy and the benefit of the wealthy. Flappers flap and workers grow accustomed to Henry Ford's innovative assembly-line factory techniques and nobody--rich or poor--can hear over all the din. No one can think. They just keep on laboring and dancing. And stepping up the pace...
Wilson said many Natural Science faculty members believe an introductory core course would not benefit students who lack a strong technical background...