Word: firstness
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Dates: during 1960-1969
Sort By: most recent first
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UNITED STATES labor leaders have declared war on the Nixon Administration's anti-inflation wage strategy, and the first big battle is the strike against General Electric Co. Last week a dozen unions representing 147,000 G.E. workers banded together and struck the company's 280 plants in 33 states. It was the first nationwide strike against G.E. since 1946. There was some violence on the picket lines as union men scuffled with police...
...President's hands-off policy is that the strike is as much ideological as economic. The enemy is what the unions call "Boulwarism," a labor-relations strategy unveiled in 1948 by Lemuel R. Boulware, then a G.E. vice president and now retired. Boulwarism is based on two tenets. First, the company should make a "firm, fair" offer at the start of negotiations and refuse to budge from it. Second, the company should engage in vigorous "employee marketing" to sell the merits of its offer...
...Patronizing Attitude." General Electric offered wage increases of 6% to 10% in the first year of the contract, but nothing more than a promise to reopen talks in the second and third years. The unions want a firmer guarantee of increases: an average 10.8% in the first year, 8.3% in the second, 6.5% at the start of the third...
...Shultz when he appointed him Secretary of Labor. The President was impressed by a pre-election task-force report on manpower that Shultz had written and by the enthusiastic recommendations of his closest economic advisers, Arthur Burns and Paul McCracken. Mild-mannered and professorial, the new Secretary seemed at first to be another unremarkable technician in a Cabinet noted for its blandness. His speeches still resemble a lecture in Business Administration...
...Have Bananas. Shultz is the first economist to become Secretary of Labor, a post usually assigned to lawyers. He labors hard himself, arriving at his desk at 7:30 a.m. and often returning to work in the evening, with occasional time out for tennis or golf. Once he beat A.F.L.-C.I.O. President George Meany by ten strokes (80 to 90). Son of a New York Stock Exchange official, Shultz graduated from Princeton in 1942 with an honors degree in economics. During World War II, he was a major in the Marines. He earned a Ph.D. in industrial economics at M.I.T...