Word: reuthers
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Major labor contracts signed so far this year call for hourly wage boosts averaging 3.2%, whereas in 1957 the average was 5%. In a time of automation-inspired layoffs, labor now fights harder for job-security benefits than for straight wage hikes. The main feature of Walter Reuther's settlement with the auto makers last fall was an increase in supplemental unemployment benefits. David McDonald's Steelworkers last spring settled for a many-fringed package of longer vacations, plumper pensions and layoff benefits--but no wage raises. Recent increases in labor costs in many industries have been more...
...Work. But what does the man on the porch do with his money and his time, finding himself, as Walter Reuther once put it, "too old to work and too young...
...Walter P. Reuther, president of the United Auto Workers, called for a $10 billion cut in income taxes beginning in August. But Reuther wants the cut to be concentrated in the lower and middle income brackets in order to increase consumer purchasing power. Said he, in an interview with the New York Times: "We make balancing the budget the final objective of economic activity. The important thing is to balance the economy...
...week chose Dr. Edward Roland Annis, 49, a Miami surgeon. Detroit-born Dr. Annis, a newcomer to the A.M.A. hierarchy, is far and away its most fluent, articulate and persuasive spokesman. A debater since college days, he recently proved his mettle against such platform opponents as Labor Leader Walter Reuther and Senator Hubert Humphrey. Last May he made the televised speech rebutting President Kennedy's Madison Square Garden appeal for a social-security-financed medicare bill. In the year before he assumes the A.M.A.'s presidency. Dr. Annis will wield great influence as president-elect...
Labor leaders are less than enthusiastic about this provision, too. Why, they wonder, should men put out of work by competition from imports receive special attention? Implicit in this objection is a strong dissent from the President's reliance on trade to solve the problem of Creeping Unemployment. Reuther's statement last week-end, that he would seek a national 35-hour week unless something serious was done about the problem, reflects this dissatisfaction...