Word: majorities
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Dates: during 1960-1969
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...million worldwide subscribers. Another poor boy. Charles B. ("Tex") Thornton, who started out as a government clerk, is one of the pioneers of the conglomerates with his Litton Industries. It was California that sent the aerospace industry rocketing; today companies like Lockheed and North American Rockwell command a major portion of the market...
...will get squeezed the most in a tighter economy. A.F.L.-C.l.O. President George Meany said last week that labor would not buy Nixon's call for wage moderation. He promised labor will continue to press for more and more, as prices continue to rise. In major contracts negotiated through September, the median increase in wages and fringes has jumped to 8.1% as against 6.6% for last year; in the construction trades, it is 12.5%. These are the kinds of increases that Nixon hopes management will resist...
...matter what the strike settlement, it will set a pattern for future labor negotiations as major contracts expire. The confrontations will involve railroads in December, shipbuilding and trucking in March, and meat packing and autos in September...
...task of the Secretary of Labor, and probably his most delicate one, to set the tone of the Administration in major labor-management disputes. In that, George Pratt Shultz stands in sharp contrast to his activist Democratic predecessors, Arthur Goldberg and Willard Wirtz, who intervened frequently if reluctantly at Lyndon Johnson's behest. Before last week's strike against General Electric, Shultz held private meetings with company officials and union leaders. He has quietly helped to cool several other labor disputes, particularly in the airlines. But he firmly opposes direct and heavily publicized intervention. "We want the free...
...welfare payments should be extended to the working poor, a proposal that Arthur Burns, for one, argued would be too costly and would induce many people to stop working and go on welfare. Shultz suggested a middle course of providing "work incentives" that would enable families to keep a major part of their wages without losing their rights to welfare funds. To protests that it would cost too much, he replied, "$1 billion isn't anything if it will make the program work." Nixon agreed...