Word: seemly
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Dates: during 1970-1979
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...fact, big companies have not increased their shares of individual markets but, as conglomerates, have grown larger and larger in the economy as a whole. In the past two decades, multinational companies have also grown, and the growth of their overseas activities has helped to make Big Business seem bigger than ever...
Some mergers enhance competition. Oil would seem an unlikely industry for this to occur in. But Thornton Bradshaw, president of Atlantic Richfield, argued that the acquisition in 1966 by the Atlantic Refining Co. of the Richfield Oil Corp. turned two so-so firms into a company strong enough to compete against the industry giants. Yet Bradshaw noted that his powers, like those of every high corporate executive, are severely limited: "Every decision made at my desk is influenced by some and sometimes most of the following: environmentalists, consumers, tax reformers, antinuclear protesters, the constraints of Government, the DOE [Department...
Labor unions, for their part, seem even less disposed to hold increases in their wages and benefits to the guideline ceiling of 7% a year, which is below the officially predicted inflation rate. The immediate threat to the wage standards is the demand of the United Rubber Workers, who are seeking an estimated 40% increase in pay and benefits over the next three years. Last week, failing to reach agreement with Uniroyal, Inc., rubber workers struck the company's unionized plants. Uniroyal negotiators complain that they are "being hammered by the Government" to hold the 7% line...
...guideline policy has probably held pay increases to levels below what they might have been. Thus the Administration shows every indication of sticking with the program longer. In any event the White House seems to have little choice. As COWPS Director Barry Bosworth admits: "We seem to have run out of ideas...
Blind Ambition's difficulties do not end there: the show's focus is wrong. Whatever one thinks of John and Mo Dean, it would be hard to argue that they are dynamic personalities. Not even a fine actor like Sheen can make the unflappable hero seem fascinating, especially for eight hours...