Word: wage
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Dates: during 1950-1959
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...President reiterated, obviously does not want a war that might mean the destruction of civilization, although it has the strength to wage and win one. But the real, the basic issue, is how best to prevent such a war. Said the President: No nation has ever been successful in avoiding the terror of war simply by refusing to defend its rights and live up to its responsibilities. And the U.S. cannot hope to escape war by running away from it, has no intention of surrendering to the Communists at Berlin or any place else. That said, President Eisenhower offered...
...When businessmen expect government to pursue inflationary policies, they are confident of their ability to pass on higher costs in higher prices, without loss of sales volume. They tend to become 'soft' bargainers and to make inflationary wage agreements...
Inflation & Taxes. "I have always urged that wage increases should be measured by increase of productivity, and I think that there would be no inflationary effect [i.e., price increases] if they were measured by that criterion. We shouldn't be so prone to ... decry profits in our economy. We tax profits. We don't tax industrial activity as such. So, if you are trying to get profits down to zero you are going to have to find some other way of finding federal revenue, if we are going to run this Government, I assure...
...Salvador could use some capital infusion. The Massachusetts-sized country on the Pacific Coast of Central America still derives 60% of its export income from big coffee plantations owned mostly by a handful of rich old families. The farm wage has not yet topped 60? a day for the illiterate Indian masses, who are trucked to the polls every six years to vote their approval of the planters' latest officer-candidate for President. The head count of 2,400,000 citizens ranks El Salvador as the most crowded nation on the American continents, and population, despite an infant mortality...
...risen as fast as production since the recession; consequently, his featherbedding idea would take up some of the slack. McDonald, who threatened a strike July1 if there is no new contract by then, also had words for Senator Estes Kefauver. The Senator had proposed that the union peg its wage demands to the average increase in steel productivity. Snapped Steelworker McDonald: "I wish Senator Kefauver would learn to keep his nose out of my business." Retorted Kefauver: "The price of steel is not just Mr. McDonald's business. It's the business of all the people...