Word: earned
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Dates: during 1950-1959
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BLOUGH argues that the dollars corporations earn as profits have remained virtually stable for ten years, while wages have more than doubled throughout U.S. industry. In steel alone, employment costs have jumped at the compound rate of 7.9% each year since 1940. The industry still made a profit of 6.3% on its sales last year (an even better 8.7% for U.S. Steel), but Blough argues that profits still fall far short of the cash needed for expansion. U.S. Steel alone had to borrow $600 million in the last five years. As for inflation, Blough considers congressional suggestions of wage...
Making a Profit. Physically, both papers resemble U.S. newspaper establishments, down to the electric-lighted news streamer, flowing endlessly in the Cyrillic alphabet, along the top of Izvestia's façade. Their newsmen earn surprisingly good salaries: a junior reporter on Pravda 's local 120-man staff gets 1,500 rubles ($375) a month base pay, plus an average of $250 more in space rates. Besides this
...Very low. Half of what a city dweller can earn...
...course. Only those who were able to earn $600 here before their dismissal, and who presented evidence that they have looked for work but couldn't find it in other places...
...beginning on agrarian reform for the 800,000 country dwellers including landless guajiros (peasants) who live in dirt-floor, thatch-palm huts, subsist on the $3 daily they earn during the three-month sugar harvest...