Word: waged
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Since imports exceed exports this year, maybe it should be stressed that Americans should purchase American-made products to stabilize and enhance the G.N.P. I disapprove of the way that the President is handling the economy, and as a wage earner I am disgruntled to see where the revenue from my taxes is going. Something must be done, too, to curb inflation...
...keep his momentum going against an ugly wave of economic difficulties, the President announces his new anti-inflation program this week. Despite all the buildup, the proposals are largely voluntary wage-price guidelines (see BUSINESS). Carter is asking for a 7% limit on wage increases, a 6.5% overall ceiling on price rises. An expanded Council on Wage and Price Stability will closely monitor wage-price shifts; if a company exceeds the guidelines, it can be threatened with a suspension of Government contracts or purchases. But the President continues to insist that he will not resort to mandatory controls...
...vanished from the Brazilian boom. Largely because of heavy petroleum imports, the national debt has reached $40 billion and inflation is running at 40% annually. A "cost of living" movement has collected more than 1 million signatures in Sao Paulo alone on a petition demanding price freezes and wage hikes. At the same time, there is a potentially dangerous split among the generals: many of them oppose any further liberalization and object to the fact that Geisel himself selected a successor instead of seeking a consensus...
...guidelines come down to another exercise in jawboning-trying to persuade unions and companies to comply voluntarily. First portents are not favorable. AFL-CIO President George Meany has damned the whole idea of guidelines. He fears that companies will zealously enforce the wage limits while raising prices as fast as ever...
...this program establishes some credibility on the price side and adjustments are made on the wage standard, I am sure that the Teamster members will do their share to assist in resolving this difficult problem," Teamsters President Frank Fitzsimmons said yesterday...