Word: wages
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Dates: during 1970-1979
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...always been implicit: that social science and social scientists are part of the society they live in, and that interaction between society and the university flows more than one way. To the radicals John Dunlop's shuttling between Cambridge and Washington to make clear to former President Nixon that wage and price controls were a fine thing was evidence of both the university's influence on the society's conservative leader and the conservative society's influence on the university and the direction of its neutral, pure scholarship...
...populist conservatives more strongly supported reimposing wage-price controls (50% v. 31% of the classic group). They also tended to be more in favor of loosening up credit (51% v. 40%), giving tax incentives for business (44% v. 36%), cutting defense spending (40% v. 28%) and ending wheat sales to Russia (69% v. 60%). But about 70% of both conservative groups agreed that taxes should not be increased to cut spending by individuals, and 40% of both groups thought that the federal budget should be balanced, even if it means increasing unemployment. In looking ahead, 55% of the populist conservatives...
...pact really is signed and ratified, the nation can only heave a sigh of relief. Peace seems to have been won essentially by the coal operators caving in to the union's insistence on wage and benefit increases roughly equal to the 39% over three years that 1.4 million steelworkers won last April, plus a long list of costly noneconomic demands. Even so, those demands are better met without a strike than after a walkout that could have crippled the economy...
...work if he feels that he is in imminent danger. The U.M.W. also demanded a big increase in pensions, which now provide retired miners with a maximum of $150 a month (v. $625 for auto workers), plus a cost-of-living escalator. All that in addition to a basic wage increase at least as fat as the one in steel. A steel-type settlement would theoretically raise the average hourly wage in the mines by 20% in the first year, to $7.40; that would put the miners ahead of both the steelworkers (average hourly wage: $7.13) and the auto workers...
...usually does. Last week Saxbe disclosed that trustbusters are looking for evidence that price fixing is inflating the cost of such foods as beef, milk, bread and especially sugar, which in the past year has rocketed from 140 per Ib. wholesale to a record 460. The Council on Wage and Price Stability also will hold hearings to determine whether sugar refiners are making undue profits. Justice teams are further sifting through data about oil-company price hikes and casting a suspicious eye at price rises in such industries as steel, copper, lead and drugs, which are dominated by a relatively...