Word: hiked
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Dates: during 1960-1969
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...Fire. Salaries were the dominant issue in all the disputes; yet teachers also insisted-perhaps a little too often-that they were equally concerned about the conditions that keep them from doing their jobs more effectively. Some of the requests seemed reasonable enough. In addition to a $500 salary hike, Baltimore teachers, for example, won the right to refuse such time-consuming chores as toilet patrols and supervising afterhours playgrounds. But there were other contract demands that school boards clearly could not consider. Striking teachers in Oak Park, Mich., demanded the right to fire their principals and to turn...
...worst of these nonstrikes closed all classes in the 300,000-student Detroit system. There, Mrs. Mary Ellen Riordan, an old-style, fiery unionist who is president of the Detroit Federation of Teachers, led her 6,400 members in a fight for a $1,200 pay hike and a two-week cut in the 40-week school year. The city, which pays teachers from $5,800 to $10,000, offered $600 and a one-week school-year reduction. Governor George Romney ruled out any increase in state funds to boost salaries and insisted it was "intolerable that the education...
However ambiguous, the decision may enable Reagan, who pushed a big tax hike through the California legislature this year, to get by without seeking a further increase for university operations next year...
...that much be hard pushed. Otherwise, the Fed will have to depend on its own monetary solutions. No doubt Congress will reduce the 10 per cent figure to six or eight per cent before voting on it; even at 10 per cent it is no panacea: the tax hike will not eliminate the deficit, it will just reduce it. Nor will it stop inflation; the surtax will be a brake to help slow the economy down. Fiscal policy, such as the tax hike, is effective only when employed at the first signs of an economic trend, not six months later...
...with the built-in cost-push inflationary pressures of wage and price increases, will probably bring about a return to excessively high interest rates and tight money conditions from the Federal Reserve Board (Fed)--if Congress does not act quickly on the proposed tax increase. A delay in the hike would permit inflationary forces to gain momentum, and then the Fed would use its monetary device of tightening money--clearly, only a second best choice...