Word: waged
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Dates: during 1960-1969
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Enforcing the Freeze. France confronts by far the most serious problem. Price increases have been accelerating ever since the costly wage settlements that ended the May-June general strike of 1968. Before the Aug. 8 devaluation of the franc, price increases reached an annual rate of 6.5% v. a July rate of 6% in the U.S. Devaluation will add at least another percentage point to the inflation rate this year by automatically increasing the price of imports...
...might seem small to Americans but it is worrisome in a country where memories of the calamitous inflation of the '20s are as bitter as memories of the Depression in the U.S. The rate is likely to rise toward the end of the year, particularly if the general wage increase due in the fall reaches the expected...
Unions usually get most of the blame for inflation in building costs-and much of the blame is merited. Labor has pressed the fragmented construction industry into huge pay boosts. In the twelve months ending last June, construction labor won wage and fringe gains averaging 10%-or 55? an hour. The unions have had powerful, if often unnoticed allies in the industrial corporations that order new factories built, and will pay almost anything to get them finished on time. Such corporations urge contractors to pay heavy overtime, and if the projects are struck, says George Cline Smith, a Manhattan construction...
...construction industry. These increases eventually are reflected in the prices of goods sold by the new factories. They hurt consumers more directly by helping to force increases in new house prices, which are rising at a rate of close to 10% this year. The reason is that high wage and benefit scales established on industrial construction jobs are often applied subsequently to residential housing...
While we zip to the moon, wage wars, fight poverty, create ever deadlier weapons, and generally confine our thinking to today's world, the Senators and intelligent conservationists everywhere are trying to forge a positive answer to the question: If man survives his political and economic blunders, will there be enough left of mother nature to make survival worth surviving for? Now if we could just set up an International Office of Environmental Quality...