Word: waged
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Dates: during 1980-1989
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...minimum wage of $3.35 an hour, earned by nearly 3.5 million American workers, has stayed the same for the past six years. A messenger, clerk or fast-food worker who works full time at that rate makes $6,968 a year, which is 23% below the poverty level for a family of three...
...approaches to deep-rooted social problems, a new sense of community values. Reagan has done what he has done, and he has accomplished much. He presided over one of the longest periods of economic recovery in American history, a time attended by the end of inflation and of the wage-price spiral. He rolled back the writ of the Federal Government, helped to initiate tax reform, strengthened (amid some set-backs) the American posture in the world. But now one feels the ground shifting underfoot, a grinding of the tectonic plates...
...industries in which they have worked all their lives will not provide middle-income jobs to their daughters and sons, who may of course make their fortunes as junk-bond traders or software geniuses, but are far more likely to find "hamburger jobs" and drop into the minimum-wage sector of an increasingly bottom-heavy economy...
This year the owners are catching up. Sixteen of 26 arbitration verdicts have gone the way of management, intent on driving down last season's average wage of $412,520. The arbitrator lopped $200,000 off Dodger Pitcher Orel Hershiser's $1 million salary. As for free agents, museum pieces have lost their charm. Reds Shortstop Davey Concepcion, uncoveted elsewhere, had his $900,000 rate cut to $350,000. Reggie Jackson was obliged to come down almost that much to rejoin...
According to Rafsanjani, the Americans "meant to say that the Soviets intended to wage a war against...