Word: hiked
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Dates: during 1970-1979
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...want deregulation of gas prices, now fixed at $1.47 per 1,000 cu. ft. for gas sold across state lines. The Administration wants to keep controls, but at a higher price-of as much as $2 or so per 1,000 cu. ft. The White House argues that a hike of such magnitude would provide ample incentive to increase production, since natural gas is plentiful. But gas producers remain reluctant to press ahead with rapid development of new fields. If these fields were brought on-stream now, they would be subject to price control. If the producers wait, they reason...
...members walk out of the pits on Dec. 7, it will be a sign not of union power but of union weakness. The strike would be the biggest of the year, and would get President Carter's program to increase U.S. coal production (the aim is a 66% hike by 1985) off to a most inauspicious start. But the people hurt most would be the miners themselves...
...union's negotiating package includes a substantial wage hike from the present level of $65 a day (up to perhaps $100), better safety procedures and a restoration of payments to pension funds and health programs that were stopped during past wildcat strikes. But the key demand is to make the wildcats legal. For years, U.M.W. contracts have provided grievance and arbitration procedures to settle disputes between union locals and employers. But the union claims that the mine owners cynically drag out the proceedings, knowing that if the miners walk out, it is an easy matter to get an injunction...
...addition, the program promises to raise the minimum wage by nearly 30%, increase a variety of social benefits, hike corporate taxes and start a plan that would give more say in the management of factories to workers. The program has frightened away investors, both French and foreign. Euroeconomics, a Paris-based research firm owned by a group of banks, predicts that enactment of the left's platform would erode company profits, accelerate inflation to 20% a year and cause a balance of payments crisis...
...sense of the appropriate, a calculated feel for how the prestige of his office can be used to evoke a response from the American public. For a man who fashioned himself as the candidate of the compassionate, the visit was a natural one, as typical of Carter as his hike down Pennsylvania Ave. nine months ago today...