Word: hiked
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Dates: during 1970-1979
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Business School administrators agreed that the salary hike will help renew enthusiasm among those students who became anxious last year after a national survey of business school deans ranked Harvard below the Stanford Business School...
...Committee has already voted 11 to 3 against the use of general tax revenues to shore up the near-bankrupt fund; the House is expected to do the same. In addition, Carter wants to boost payroll taxes for employers alone, but Congress is expected to approve a stop-gap hike in taxes for both employers and employees. Welfare reform is coming under increasing attack from groups that feel threatened by it. Labor, for example, is worried that the creation of 1.4 million public-service jobs at the $2.30 minimum-wage level will have a depressing effect on wage scales around...
...President's top economic aides relied almost exclusively on informal talks with industry and labor leaders to keep wages and prices in check. These sessions will continue, says Bosworth, but in addition the White House is now prepared to speak out against what it considers unjustified price hikes. Indeed, last week, President Carter ordered the council to investigate pricing policies in the steel industry and told the Pentagon to be sure to buy the lowest price steel available. Last month, the Administration condemned a price hike by U.S. Steel, but to no avail; the next day Bethlehem Steel followed...
...stability in the Middle East, and is becoming the closest and most helpful ally of the U.S. among the Arab nations. Economically, the Saudis demonstrated their clout last week by forcing the majority of the 13 members of the Organization of Petroleum Exporting Countries to forgo a scheduled 5% hike in oil prices. In December the Saudis split OPEC by refusing to go along with its decision to raise prices by 10% on Jan. 1 and another 5% on July 1; instead, the Saudis and their allies in the United Arab Emirates posted only one 5% raise...
These actions have triggered predictable protests. "A permit to hike!" snorted one angry Appalachian Mountain Clubber when told he needed to check with a Ranger before trying a favorite trail. "Next they'll tell me I need a license to breathe." But the action is essential. By 1979 the park service expects 302 million people to be visiting the National Parklands. Unless steps are taken now to preserve these wonderlands of nature, there may be a lot less of them for later visitors to enjoy...