Word: subs
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Dates: during 1980-1989
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EVEN when they concede that point, conservative critics insist that a sub-minimum, or "training wage" is needed so that unskilled teenagers can gain experience in the job market. Businesses, the argument goes, would hire and train more teenagers if only their labor were cheap enough. Of course, as the minimum wage stagnated, the cost of teenage labor declined dramatically in real terms since 1981, but teenage employment rates have not risen...
...argument for permitting firms to "train" teenagers at a penurious wage is equally faulty. Proponents of a training wage would allow a sub-minimum wage for youths aged 16 to 18. Does it really take two years to be "trained" at floor sweeping and cash register banging...
Alexander Pak, as the obsequious sub-angel responsible for the mix-up, cringes and whines in just enough of an English accent to suggest a salesman at Harrod's in the presence of a gold card. Slippery and oh so discreet, he makes an hilarious foil for Ducey's bull-in-a-chinashop Bostonian...
While most of the attention is focusing on appointments to prestigious positions in the White House and Cabinet, many of the Administration's new policies will be shaped by a less visible layer of sub-Cabinet officials. Bush's choices for these little-known but powerful posts could foreshadow his decisions on urgent issues that are certain to crop up over the next four years. What to watch...
...dollar drops and the Dow plunges, the President- elect begins to assemble a team that he hopes can stop the slide. -- Nine sub- Cabinet jobs that will make a real difference on trade, foreign policy and the environment. -- Louisiana' s Bennett Johnston, a leading contender for Senate majority leader, says Bush' s economic plan is "absolute nonsense...