Word: waged
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Dates: during 1980-1989
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...from soft drinks to socks. The hawkers cluster in 600 free markets in Peking and 61,000 throughout China. In the northeastern city of Shenyang, the government leases factories to individual managers, who can earn up to $19,000 a year, or nearly 60 times the average worker's wage. Another pilot program allows workers at some 20 Shenyang plants to buy shares in the facilities and earn cash profits...
Many top sellers of compatibles and clones are able to put low prices on their computers because they are produced by low-wage laborers in Asian countries, notably South Korea and Taiwan. Perhaps the most aggressive of these firms is the Canton, Mass.-based Leading Edge, which is run by Michael Shane, a wealthy entrepreneur who first made big profits by selling blue jeans and wigs. In early 1985, while other companies like Compaq were making IBM- compatibles and selling them at IBM prices, Shane began buying state-of- the- art computers from Daewoo, the South Korean electronics giant...
...money's worth from Jewell Floyd. She is 48, a round, silver-haired woman who operated a computer terminal for a nearby construction firm before she answered an ad for extras. By now she has worked four days, 7 a.m. to 6:15 p.m. The pay is only minimum wage, she says, standard for the local people hired as extras, "but they feed us out of this world. And I do feel like a celebrity. I'd do it again, yes, ma'am. In a heartbeat." Today she has played a townswoman meeting a bus. Just now she is watching...
...within the country. Since each migrant worker supports an estimated six people at home, roughly 2 million black Africans would be quickly stripped of their livelihood. Tiny Lesotho, to take one example, would not only be flooded with 140,000 returning workers, equivalent to more than 75% of its wage-labor force, but would also be deprived of their salary remittances, which currently exceed the country's entire gross domestic product. Earlier this year South Africa showed how it could use its economic might against Lesotho, which had been harboring anti-Pretoria activists. South Africa put up an economic blockade...
...conferees' task, many identical provisions appear in the two bills. Examples: both would entirely remove from the tax rolls some 6 million people below or just above the poverty line, and both would revive the so-called marriage penalty by ending the special deduction for families with two wage earners. Another good omen for the conference is that Packwood and Rostenkowski, who have had some testy exchanges in the past, are now talking friendly compromise. Says the Chicago Congressman: "The challenge is to take the best reforms from each" bill. Echoes the Oregon Senator: "Neither one of us will have...