Word: demand
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Dates: during 1950-1959
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...Everything else goes up and you're no better off," said one worker. "Wage increases are as useless as fuzz on a frog," said another. Instead of higher wages, says Lubell, many steelworkers would prefer "additional fringe benefits, such as expanded hospitalization, paid-up insurance, and-the one demand with the strongest support-a lower retirement age with more generous pensions...
...with an economic sophistication that might surprise some of their union chieftains, many steelworkers see that "raising wages may mean less jobs," that higher costs in U.S. steel mills spur imports of foreign steel. Concludes Pollster Lubell: "Often it is asserted that labor leaders have little choice but to demand ever higher wages because of pressure from their own membership . . . My talks with steelworkers leave little doubt that currently the main pressures for 'more' are being generated by the union leaders and not the rank and file...
...filtered through the Space Curtain?' 2) Some communion breakfast orator will harangue the Knights: '. . . Columbus et al. were of our faith. Are the Niñas, Pintas and Santa Marias of the cosmic seas to be piloted solely by heretic helmsmen?' 3) A Catholic educator will demand a look-see at the 566 'Who am I?' questions used in screening the fledgling spacemen. Were those questions slanted to put a Catholic ... in a poor light? 4) Inevitably some aspiring politico will stir our bile to a boil by observing that a space team without...
Blaming Profits. Congress also was beginning to dig into prices. One big reason they are so high, believe Tennessee's Democratic Senator Estes Kefauver and Wyoming's Democratic Senator Joseph C. O'Mahoney, is the "administered price," which largely ignores demand in deference to industry's effort to improve profits. Last week the Senate antitrust subcommittee, headed by Senator Kefauver, held hearings on a bill introduced by Senator O'Mahoney to require companies in highly concentrated industries to give 30 days' advance notice of any price hike...
...investment. "American stock purchases overseas," said Georg Bruns, manager of the Frankfurt stock exchange, "often have a speculative character. We need sound, long-term support from .our shareholders. Also, Germany must export capital to rid itself of high currency reserves. There are already not enough shares to meet demand...