Word: labor
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Dates: during 1960-1969
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...time he was 16, and in the Marine Corps he scored 215 points out of a possible 250, winning a rating as a sharpshooter, second only to expert. In the Marines, though, he also got busted from corporal to private and sentenced to 30 days' hard labor for illegal possession of a pistol, was reprimanded for telling a fellow Marine that he was going "to knock your teeth out." He rated his favorite sports as hunting, scuba diving and karate...
...years that the Gallup poll has been canvassing voters in Britain has there been such a drastic swing in public preference for a political party. Three months ago, Harold Wilson's Labor government had been riding high with an 18% lead over the Conservatives. By last week Wilson's party had not only lost its handsome lead but had actually slipped behind the Tories...
Last week, in another Draconian attempt to curb the pressure on prices, Castello Branco decreed that no union may be granted more than one wage boost a year-a blow to organized labor, which has been getting multiple raises yearly. By such stubborn measures, Castello Branco and his able Minister of Planning, Roberto Campos, at least hope to hold inflation this year to a mere 35%-which, if it can be done, will indeed be a miracle of sorts...
First the Administration of John F. Kennedy, and then the Administration of Lyndon Johnson, tied up to "guide-posts." Under these, the U.S. Government tried to fight inflation by urging both labor, in its wage demands, and industry, in its pricing, to hold to annual increases of no more than 3.2%. Kennedy used them as a talking point; Johnson attempted to turn them into gospel. Last week, the guideposts were shredded and, ironically, the tearing blow had been delivered by none other than L.B.J...
...actually made little difference that the machinists, defying their own union leadership, later voted down even that hefty hike. The fact was that Johnson himself had ignored the guideposts-withal his rationale about airline "productivity"-and now the doors were wide open to above-the-line moves by both labor and management in all industries. That point was soon proved when the steel industry last week imposed major price increases, and the Johnson Administration could not in conscience do anything except complain...