Word: wage
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Dates: during 1960-1969
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President Johnson last week called the settlement terms of the New York transit strike "disturbing" and "inflationary." He cited the national wage-price guideline of 3.2% and noted, accurately, that the New York contract exceeds the figure by a sizeable amount...
Both Lindsay and the Transit Authority agreed that New York's subway and bus workers needed a raise to bring them more nearly into line with city workers of equivalent talent and status, but nothing on the order of what Mike Quill asked for. Top wage for T.W.U. members working for the Transit Authority is $3.57 an hour, for work that includes everything from driving the underground trains (a job that requires 280 hours of schooling) to repairing buses. Even though New York's T.W.U. men lead their union in nationwide pay, they lag behind many municipal workers...
...South Viet Nam's territory that the Americans and the Saigon government currently control-the cities and coastal enclaves-and abandon the rest to the Viet Cong until it could be liberated by a U.S.-backed "hidden war," in which U.S. and South Vietnamese troops would wage a quiet guerrilla campaign in reverse, against the Communists. But this, too, would in effect temporarily hand the Viet Cong control of most of the country...
That 4.2% slice comes out of every paycheck until the wage earner has paid the legal maximum of $277.20 ($103.20 more than last year). Thus the more a man makes, the bigger will be the amount withheld from his paycheck at the rate of 4.2% but the sooner the bite will end for the year...
...this wage amounts to about $6200 a year, which is not exactly a lavish sum on which to bring up a family in New York City. It is, in fact, below the level of "modest but adequate" budget for a family of four set by the Labor Department. Persons who are worried about the impediments to social mobility in this country ought to be able to see that it is not all that easy for a man with a $6200 income to send several children to college. Just because there are other people who ought to be making more money...