Word: labor
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Dates: during 1970-1979
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...economy a kind of deceptively healthy glow. With money available in seemingly inexhaustible quantities, neither business nor consumer spending shows signs of slowing much at all. In spite of wide agreement among economists that the U.S. is already in recession, September's unemployment level fell to 5.8% of the labor force, down from 6% in August; that decline suggests that businesses are not just continuing to keep factory lines humming, but are even expanding their production in the belief that someone will buy almost anything they can turn...
...Kennedy's chief economic adviser. "If they had done any less, the world markets would have responded terribly negatively. Yet the costs are high. The Federal Reserve is taking the agony route to lowering inflationary expectations: squeezing down total demand in the economy, thereby weakening both product and labor markets. Increasingly people are going to be squeezed out of [credit] markets at those astronomical interest rates." Heller does not, however, expect "a full-fledged credit crunch like we had in 1974." He also thinks that the U.S. can avoid a recession as deep as that year's, though...
...than expected" and might go even higher. To curb inflation without pressing down too hard on the economy, Pechman wishes that the Carter Administration would institute a more vigorous wage-price policy to supplement the Federal Reserve moves. Says he: "We ought to try, somehow, to have business and labor moderate their price and wage demands...
...story that is a pitifully amusing parody of the John Dean-H.R. Haldeman "Let's Make Money Off of Watergate" autobiographies. And somehow, Vonnegut manages to work in some particularly cogent statements about the mistreatment of Sacco and Vanzetti and the history and problems of the twentieth-century labor movement in general...
...advocate of migrant labor. I think it is a system with very bad repercussions. If I could do away with it, I would. I would rather have people on a family basis settled wherever they can find a job or a home. If you cannot supply them with either a job or a home, then what are you doing? You are creating a really bad situation. In the city they cannot even plant vegetables to eat. At least in the rural parts they have more to live off of if they haven't got a job. In the city...