Word: levelling
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Dates: during 1980-1989
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...case for increasing the wage now is strong. never in its 50-year history has the minimum wage remained so long at one level. Since the last increase, the buying power of the minimum wage has declined 20 percent, from $3.35 to $2.68 in 1981 dollars. The minimum wage has sunk to its lowest real level since 1955, and a full-time minimum wage job no longer keeps a family with one child out of poverty...
WASHINGTON--President-elect George Bush today named Texas oilman Robert Mosbacher secretary of commerce and tapped Carla Hills, the first woman named to a high-level post in the incoming administration, to be special trade representative...
Iran's acquiescence may enable the group, which has suffered from sagging prices, to cut output to 18.5 million bbl, a day from its current runaway level of about 22 million bbl. Members hope the reduction will boost oil prices from about $12 per bbl. to the $15 range. Past agreements, however, have been stymied by members cheating on their quotas...
...transition report), means that "on a variety of problems the ground which we can till for new ideas is a pretty narrow strip." Whatever solid nuggets there are in the reports are almost impossible to locate in the hustle and bustle of the transition. Experienced mid-to-upper-level job hunters in Washington have long since learned that their prospects improve once a new Administration has had a chance to settle in; perhaps idea purveyors should take the lesson to heart. As a senior Bush adviser puts it, "There's just no point in pitching us on high substance...
...share of killings in New York that are drug-related has climbed steadily from about 25% in the early 1980s to almost 40% this year. The problem is double edged. On one hand, crack abusers frequently seem indifferent to the use of deadly force. On the other, the street-level drug trade is so lucrative that it seems worth killing for. In Washington law-enforcement officials attribute the mayhem to turf wars between rival dope gangs vying for shares of the city's wide-open, de-centralized crack market. The deadly competition in the two cities is made still more...