Word: benefits
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Dates: during 1970-1979
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Almost all the developing nations at first refused to initial the accord, complaining that it would benefit them less than it would the industrial world. Unless they do sign, the liberalizations will not apply to them. Still the other delegates were relieved and exhilarated. Said Alonzo McDonald, who patiently handled the day-to-day negotiations for the U.S.: "The agreement is the most comprehensive and significant result produced by any trade negotiations up to this time...
...sort of tax. Oil industry profits for the first three months of 1979 will soon be released, and they will show a surge of perhaps as much as 40%, largely because the OPEC cartel's price rises have caused higher prices in the U.S. too. In addition, companies benefit because their stockpiled inventories of crude, bought at lower prices, also rise in value. That alone will be enough to anger a public already critical of the oil industry, and the continuing rise in gasoline and other fuel costs will only fan the resentments...
Union members, who had earned about $9.75 an hour, will collect 800 more in the first year and 350 in each of the next two years, bringing them up to $11.25 per hour in 1981. They will also get an additional $1.09 for benefits, like health insurance. Assuming an average inflation rate of 6% over the next three years, as the Administration optimistically does, the cost of living payment would add another 830 and bring the total wage and benefit increase for the contract to $3.42 an hour...
...this amount, 570 is not included in the guideline calculations because of various exemptions granted by the Administration. For example, since retirees have no voice in the ratification and are technically not part of the bargaining, the White House agreed to exclude the cost of increasing their pension benefits. If these exemptions were included, the wage-and-benefit boost would come...
Music executives know that the songs and performers that most excite gay audiences have the best chance of selling nationally. Music indeed is one field in which being gay can be a benefit. Marc Paul Simon, vice president of Casablanca Record and Filmworks in Los Angeles, told a boss about his homosexuality his second day on an earlier job at Twentieth Century Fox Records. Says Simon: "I made it a selling point. I told him that I would be an advantage, since the best clubs...