Word: waged
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Dates: during 1970-1979
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...President was getting along because he was going along. After threatening to veto big spending bills, he compromised more than people thought he would. He reached agreement with Congress on a raise in the minimum wage, from $2.30 an hour to $2.65 an hour, and on a farm price-support bill that may cost $4 billion this year instead of his original limit of $2.3 billion. Says O'Neill: "Carter's people came down here with a chip on their shoulder against Congress. Carter thought Congress was like the rednecks of the Georgia legislature." Now O'Neill...
What has upset coppermen more than the strike is a wage settlement made with the unions last week by Kennecott Copper Co., the world's largest producer (1976 sales: $956 million). If it sets an industry pattern, the agreement will increase production costs by at least 15? per lb. over the next three years-at a time when prices are still sagging...
...President also threw his weight behind two other pro-union measures. At his midweek press conference. Carter announced that he would support an increase in the minimum wage from the current $2.30 to $2.65. effective next Jan. 1. The proposal, made by the House Education and Labor Committee, would tack an automatic escalator clause onto the minimum wage law for the first time. It would gradually lift the minimum wage to 53% of the average straight-time earnings of manufacturing workers by Jan. 1. 1980-or to an estimated $3.15 an hour. This represents a considerable Carter compromise. Originally...
...acceptance for their bills, the unions are planning a lengthy. $800,000 promotional blitz featuring newspaper ads, talk-show appearances and a massive direct-mail campaign. White House aides even solicited views of business leaders to find ways to soften opposition to labor-law reform and an increased minimum wage. Still, employers generally remain hostile to both measures. A coalition of business lobbyists, backed by a war chest of more than $1 million," is planning what the U.S. Chamber of Commerce describes as "a long and bitter battle" against the labor-reform proposals. Thus the stage is set for what...
...spend the first month of the summer selling ice cream off a cart, but she said she didn't even make minimum wage--a warning to would-be ice-cream vendors...