Word: waged
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Dates: during 1960-1969
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...good chance of extending its boomlet so long as world trade maintains its current brisk pace. Wilson, however, must still contend with deep national misgivings about his record and even deeper bitterness among trade unions, whose leaders showed up at the conference as determined as ever to fight his wage restrictions. But for the moment, at least, the party at large was content to hear his heartening news and his stirring speech...
...proper course. But the stubborn persistence of price increases is straining the patience of consumers, labor leaders, businessmen and members of Congress. With increasing urgency, critics are demanding that Nixon "do something"-that is, something more. They propose wholesale slashes in the federal budget, a return to wage and price guidelines, or even severe wartime controls...
...also increased spending by 75% and imposed a municipal income tax, giving New York City residents the highest taxes per capita in the country. The increase has not produced many tangible improvements in public services. Most of the money has been consumed by inflation, by the civil service wage settlements and by a nearly 200% increase in the cost of welfare assistance to the poor. During the Lindsay years, welfare has replaced education as the city's biggest single expense, now totaling $1.5 billion, or 23% of the $6.5 billion budget. The number of people on relief has doubled...
...troubles may well reflect political opportunism more than anything else. As national elections neared, workers knew that the government would jump to settle with strikers rather than risk disorders. Sure enough, hardly had some 25,000 metalworkers and 50,000 coal workers walked off their jobs than they won wage hikes of 11% and 13% respectively. What bothered Germans more than the size of the settlements, however, was the fact that both were won in wildcat strikes -a tactic almost never used by West Germany's well-disciplined labor unions. Some businessmen wondered aloud whether Germany had caught...
France has proved particularly susceptible to the sickness since its workers returned from their August vacations to the cold realities of President Georges Pompidou's austerity program. Pompidou rightly fears that a round of wage increases would force him to cheapen the recently devalued franc still further. A policy of intransigence, on the other hand, could lead to massive shutdowns. There was some speculation that Pompidou might have hit upon a middle alternative last week when he suggested that Renault workers be made shareholders in the factory (Charles de Gaulle's "participation" plan, by contrast, offered workers...