Word: wage
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Dates: during 1940-1949
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...fair in Berlin's Soviet sector, swings, merry-go-rounds and roller coasters whirled in a raucous counterfeit of yuletide gaiety, but there was little or nothing for shoppers to buy. At grey-market shops, a pound of chocolates cost a laborer's full week's wage. Berliners stared at the meager, overpriced goods in frustrated despair; women wept. "Dear God," muttered one Hausfrau who had been searching in vain for some coffee cups and plates to brighten her yuletide table, "another Communist Christmas...
...many a businessman the latest increase, smaller than the preceding three, was hardly a surprise. But in Washington, it stirred up Democratic Senator Joseph C. O'Mahoney, who had not been at all critical while the Steelworkers were after their wage boost last summer. Cried he: "The steel industry is not justified in levying an increased tax on the whole economy of the U.S." Its leaders, he said, are doing more damage "to the free-enterprise system than all the crackpots have ever done." To get an explanation, O'Mahoney asked Ben Fairless to appear before a congressional...
...doctors learned last week how much it costs to wage all-out propaganda war against President Truman's national health insurance program: in eight months, the American Medical Association's press-agents had spent a whopping $1,394,000. But to the 3,942 A.M.A. members gathered in Washington, no price seemed too high to fight off the threat of socialized medicine. So the A.M.A. voted, for the first time in its' 102-year history, to levy dues ($25 a year) on its members...
Pets & Stallions. Sniffing the political wind, shrewd, 65-year-old Prime Minister Fraser soft-pedaled the Socialist line, tried to convince the guinea pigs that if they elected the free-enterprisers they would face insecurity, wage cuts, a depression. The opposition National Party promised to keep social security and present wage levels. But it hammered hard at high taxes, controls, and the creeping inefficiency of government...
...because there was no appreciable improvement in worker morale or efficiency. Many unionists also oppose such plans, fearing that they will lead to the speedup. To that the council replies: not so. Profit sharing simply eliminates waste and carelessness. Said Clarence Wimpfheimer: "It is not a method of chiseling wages down. You establish a decent basic wage, and you put the profit sharing on top of that...