Word: wage
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Dates: during 1950-1959
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...Harry Truman seemed willing to recognize the facts of U.S. prosperity. In fact, he chided the Administration for lacking the courage of its convictions: If the U.S. is more prosperous than ever, Truman said, the Administration should not say "that we are not prosperous enough . . . to increase the minimum wage...
...Italy's new Premier. In the dry, precise style of an economics professor (which he once was), 46-year-old Amintore Fanfani outlined a substantial program: more government housing, another 65,000 schoolrooms, stone-clearing projects in Sardinia and reforestation in the mountain districts, cheaper loans for farmers, wage boosts for workers, better tax enforcement. These measures reflected his leanings to the liberal wing of his Christian Democratic Party. But he also wanted his anti-Communism fully understood: he would take steps against the massive Communist propaganda machinery, which "poisons the public spirit every day with lies and distortions...
Though Spanish workers appreciate the benefits they have received from recent government wage increases, the survey found that "quite a few of them attribute that policy not so much to the reasons of justice as to the need for avoiding the advance and penetration of Communism." On the favorable side, the survey noted: "However, the Spanish worker does not have a feeling of contempt for religion; he has instead a foundation of religious conscience that makes possible its revival...
American was so late in getting into the fast-growing field of synthetics that the C.I.O. Textile Workers Union, fighting a 15% wage cut in 1953, criticized management, said that President Francis W. White had few fresh ideas, centralized control in himself...
...Trujillo's wage level is low, but he is raising it ... and anyway these people have simpler needs than ours and hardly have any of our expensive foibles such as boozing and gambling and 'entertainment.' [Trujillo] is constantly quoted . . . and is almost invariably referred to as the Generalissimo . . . That, however, is only a native foible at worst and there is absolutely no doubt that he is a benefactor of the republic...