Word: waged
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Dates: during 1970-1979
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...House banking subcommittee has scheduled a Nov. 22 hearing on the Carter administration's new anti-inflation program. The group will hear testimony from Alfred E. Kahn, chairman of the Council on Wage and Price Stability...
Considering the complexity of both the problem and his plans to solve it, Carter's explanation was quite clear. He contended, perhaps a bit simplistically, that he faced only three alternatives: 1) to impose mandatory wage and price controls, which business and some union leaders abhor; 2) to induce a recession, which might reduce inflation but only at the cost of high unemployment and lower business profits; and 3) to set voluntary wage and price guidelines, with the Government using whatever levers of persuasion and economic pressure it can to see that they are observed...
Rosovsky's budget letter, to be released next week, recommends no further cut backs in order to balance the budget this year and does not treat the issue of possible tuition increases. The council yesterday did not discuss the possible impact of President Carter's new wage and price guidelines on the budget...
...There is a great disparity between wage rates of the haves and the have-nots--you don't have anywhere in the world wages of one group double that of another," he said, adding, "It toubles me that wage and price guidelines may accentuate this disparity...
...with the contract. The dining hall workers simply preferred working under an inadequate contract to going on strike, with the financial hardships a strike entails. Harvard's refusal to compromise is hardly surprising, given the University's generally callous attitude toward union employees. While the contract contains a reasonable wage increase, food services remains a traditionally lower-paid industry. The pensions offered in the latest contract are still pitifully inadequate, and so workers need expanded benefits to fill the wage gap. Despite kitchen workers' requests that the University consider these concerns, Edward W. Powers, associate general counsel for employee relations...