Word: minimum
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Dates: during 1970-1979
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...fumbling and unsure touch in dealing with the economy. For example, the President has vowed to shun wage-price controls or even guidelines but has yet to proclaim any strong anti-inflation policy. Indeed, he has taken several actions, including signing into law a huge increase in the minimum wage, that will raise prices...
Since then, as the economy has grown, the distribution has been kept nearly egalitarian. The highest government officials receive about 700 pesos a month while the minimum wage is between 85 and 92 pesos a month. Quintero earns 350 pesos (roughly $375) a month as an engineer, but he pays nothing for health service, education, and many cultural activities. There is full employment and nearly complete job security. While some general inflation has occurred recently, aggravated by the increased numbers of working women, the government has prevented any rise in the price of food, clothing, and rent...
...legislative performance-including his own-has been better than the reviews. Says he: "We've had a damned good year." Among 203 bills signed into law since January, Moore is particularly proud of the $21 billion economic stimulus package, the creation of the new Department of Energy, the minimum wage bill and the ban on the purchase of Rhodesian chrome. His preoccupation of the moment is the energy bill, for which he lobbied in a series of private sessions last week with House and Senate conferees. "There's a good chance we'll get a bill before...
...conspiracy. It was they who actually negotiated bulk deals for their boss. Prosecutors said Barnes never handled the drugs himself. His defense attorney, David Breitbart, said he would challenge the prosecution's evidence once again and appeal verdict, which carries a maximum sentence of life imprisonment and a minimum sentence of ten years. Meanwhile, Barnes, who was denied bail, will be in a federal prison, along with most of his convicted sidekicks...
...centerpiece of the program is a proposal to establish so-called reference prices-in effect, minimum permitted prices-on 40 to 60 main categories of imported steel. Any metal entering the U.S. at quotes below the reference prices would be subjected to heavy antidumping tariffs. Most likely, the prices would be pegged to Japanese steel-production costs -and so the reference-price system might permit some continued dumping by European mills, whose costs are higher than those of the Japanese makers. Solomon pledged to have the reference prices set by year's end and to begin enforcement...