Word: waged
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Dates: during 1970-1979
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...high school team. But college--well, he couldn't understand what was happening in college so he dropped out, having decided to make some money in construction instead. No money in Kant or Hegel, he reasoned. There were plenty of philosophy students mopping floors until midnight for minimum wage, and Bobby had grander aspirations: he wanted a fast, sleazy car, a pool, a color TV, an air conditioner, a wife who looked like Cheryl Tiegs, and plenty of beer...
...union reportedly moderated its wage demands in return for a pledge from the Postal Service that it would stick to a no-layoff position...
...familiar: the White House is to veto inflationary spending bills, reduce the cost to business of Government regulation and aim to start an era of tighter budgets, declining deficits and moderate, less inflationary economic growth. Meanwhile, the Government will plead with business and labor to hold price and wage increases below the average of the past two years. All this fits Miller's ideas so well that there is speculation that he and Carter have struck a bargain under which the Administration practices tax-and-spending restraint and Miller refrains from a stern hold-down on credit. Miller and Carter...
...dust in mills?a proposal Carter's economic advisers considered too costly?the President gave in to the regulators. The Administration has won a few mostly symbolic pledges from some steel, aluminum-and automakers to limit price rises and executive salary increases. More dangerously, labor has refused to promise wage restraint. Meany calls Bosworth, a prune pleader for a wage hold-down, "that skinny redheaded...
Worse, inflation has built up unsettling momentum. One reason is a long series of past blunders by the Carter Administration: backing a huge increase in the minimum wage, promoting Social Security tax increases and thus jacking up business costs, forcing an expensive settlement of the coal strike. Another reason is that food prices are jumping, partly because of supply shortages caused by the brutal winter. Propelled largely by food costs, wholesale prices in June rose at an annual rate...