Word: inflationitis
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Dates: during 1960-1969
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A steel price rise, by increasing costs for automakers and other durable-goods manufacturers, would also aggravate the very inflation that the union is using as a bargaining point. On the other hand, a prolonged strike would both slow down the economy and hinder the Viet Nam war effort. In...
The way things are going, the British executive is likely to fall farther behind. It has been calculated that he must double his pay every eight years just to keep up with inflation.
Part of Coolidge's job the past 20 years has been simply to preside over the museum as a museum--and here his successes have been far more conventional. When he became director in 1948 the Fogg was virtually broke. Post-war inflation made earlier budgets inadequate and the generation...
French inflation has cut heavily into the wage gains of the decade, and, among their Common Market peers, French workers lead the way both in the number of hours spent on the assembly line and in enduring the highest national cost of living. Though he made less money several years...
A notorious source of housing-cost inflation is local building codes, which often outlaw new materials and methods. Factory-assembled plumbing can save builders $200 per house, but hundreds of localities forbid it. Around Chicago, builders generally must string electric wiring inside half-inch metal pipes instead of nonmetallic sheathed...