Word: waged
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Dates: during 1960-1969
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Should there be wage-price guidelines...
HELLER: If you are inveighing against sin and asking the top business and labor leaders not to sin, you have to define sin. That means some kind of White House specification of what is and what is not in the national interest in terms of price and wage decisions. Exhortation or purely moral suasion will not work. That is an open-mouth policy without any teeth...
SPRINKEL: There has not been, nor do I think there should be any attempt to interfere directly in individual price or wage decisions. Such efforts do not work. They have not worked in this country, and they have not worked abroad...
OKUN: An Administration that will not ask business to toe the line certainly cannot make strong statements on wages. A chief executive of one of the electrical-equipment manufacturing firms told me last October: "If I have a number from the Government on what a reasonable wage increase is for 1969, I will do better in my settlement in October 1969. That number will give me something to stand on, something to bargain from at the table...
...demanded that all helpers be promoted to the higher-paid journeyman category. They claim that helpers and journeymen do the same work and, therefore, should earn the same wage...