Word: brocke
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...Board, a business supported think tank in New York City. In addition, manufacturing companies held wage and benefit increases last year to an average of 5.4%. Since worker productivity jumped 6.2%, U.S. industry managed its first reduction in labor costs in nearly two decades. Says U.S. Trade Representative William Brock: "We have taken this time of agony to really clean our house. Business and labor have done an incredibly good job of tightening belts and getting efficiency back into the workplace...
Trade Representative William Brock has been one of Detroit's best friends. For three years, he helped pressure the Japanese into accepting quotas on their auto exports to the U.S. But last week he sounded like a friend betrayed. Angered by the huge bonuses being given auto executives. Brock warned that the Reagan Administration, if reelected, would probably not ask Japan to renew the quotas when they expire next March. "Our reluctance," he told the Washington Post, "would be a mile wide and a mile deep." Brock admitted that he was not speaking for the White House, but added...
...United Auto Workers argues that if quotas are lifted, the Japanese share of the U.S. market will jump from about 22% to 40%. By the union's count, 200,000 American jobs would be lost. Says U.A.W. President Owen Bieber: "Brock apparently wants to punish the workers for the greed of their bosses...
Quotas have helped boost the average price of an American car by 17.4%, to $10,527, since 1981, while imports have gone up 23%, to $11,008. To some degree, Brock pointed out, American consumers are paying for those hefty Detroit bonuses...
...will be shut down. The other half will be on hold. White House Chief of Staff James Baker, a Texan and a Cowboys nut, is weakening. He may attend along with Michael Deaver, another of the Reagan triumvirate. Senator Paul Laxalt heads south, and so does Cabinet Officer William Brock, the President's trade expert. Watergate Judge John J. Sirica will be under Cooke's wing, loving the thunder on the turf and delighted he won't have to make a single call all day. Restaurateur Duke Zeibert is aboard. "Politicians are kids too," he says...