Word: waged
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Dates: during 1960-1969
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Frank Zavell, acting general manager of the Coop, said, "We have been affected by normal inflationary costs." He attributed the possible rebate cut to increasing taxes, wage rates, and maintenance and repair service costs...
Thus the working-class or lower-middle-class American hangs in anxious suspension above poverty and well below af fluence. Meantime, his wage gains are being eroded by in flation, rising taxes and the lure of easy credit for new cars and other luxuries. "This man feels himself more alone than any other member of society," says Saul Alinsky, a life long organizer of working-class movements. "He is almost out of his mind with frustration - call it hate. He sees his Government, with programs for blacks and for the indigent and programs for everyone except him, and he figures...
Almost everyone now agrees that the welfare system is a mess, though few agree on what should be done. The Ad ministration is now preparing reforms of the welfare sys tem, and may eventually work toward abolishing it - re placing it with an evenhanded guaranteed annual wage or family allowance that would clearly help the lower middle class as well as the poor. White workers, however, would have to be persuaded that such an allowance did not represent simply another something-for-nothing scheme...
...before the money-saving giants start taking off, airmen expect damaging labor strikes. The first strikes will probably hit in early August and could force some cancellations of vacation flights. As much as 45% of an airline's operational expenses consists of labor costs. Every additional wage increase would cut closer to the quick. In the longer run, some mergers seem almost inevitable to reduce the problems of climbing costs and too much competition for too little traffic. If the U.S. can get by with only four auto manufacturers, it should be able to make do with fewer than...
Jobs for Life. Consumers are left out of the consensus, and they are becoming restless. Workers strike for giant wage increases-an average 15% this year-that aggravate inflation. Labor unrest is an ominous sign of discontent, for workers have also had their guaranteed place in the semifeudal industrial system. When a youngster fresh out of high school signs on with a company, both parties understand that he will stay on until retirement...