Word: wage
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Dates: during 1950-1959
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...hero and leader of our people" and methodically continued with a doctrinaire exposition of Marxist economic theory. In spite of my attempts to interrupt his logic, he proved he had swallowed whole the official line. On a more practical level, he explained, "we have introduced an incentive wage for the worker. According to his production, he receives up to forty percent more pay in coupons which he must spend equally with dinars. This has increased the movement of goods and we are very happy about...
Heaman refused to comment on the suggestion that expenses might have been cut by decreasing the number of employees in the Dining Halls. While large cost-of-living wage increases were granted to all employees, the Dining Halls showed a slight $30,000 expenditures...
...Stalin easily climbed 40 steps to the podium atop Lenin's tomb, looked hale as he saluted the crowd but said nothing. The parade lasted only 25 minutes: the usual air show was weathered out, and only old-model tanks and rocket guns were displayed. Explanation: those who wage cold peace like to keep their hot weapons out of sight...
...their factories, buy new machinery on credit, and go without to make the monthly interest payments. Yet it was German hard work that overnight turned revival into boom. German heavy workers, with the approval of their trade unions, put in up to 54 hours a week for an average wage of $18 to $22. Many Ruhr factories keep going full blast on Saturdays and Sundays; their employees are often...
Controls. Wage and price controls, already withering, may virtually end even before the Republicans take office, although the Controls Act does not expire until April. The Controlled Materials Plan (for steel, copper and other materials), scheduled to die in June, may end sooner. However, some form of materials allocation for military production may be necessary. Republicans have said that they will rely more on indirect (e.g., fiscal and credit) controls to fight inflation, if that threatens again, in which case Congress would have to restore to the Federal Reserve Board its powers over consumer credit, which were wiped out last...