Word: wages
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Dates: during 1970-1979
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BOSTON--Alfred Kahn, director of the President's Council on Wage and Price Stability, said yesterday that wage and price standards will not be effective in curbing inflation without restraints on consumer demand...
Speaking before an anti-inflation conference sponsored by the New England Regional Commission. Kahn said he opposes mandatory wage and price standards, calling them a "stinking mess...
...President's Council on Wage and Price Stability is reviewing the rising prices of several commodities and is considering some anti-trust actions, Kahn said...
Carter's voluntary anti-inflation program calls for a 7-per-cent annual ceiling on wage and fringe benefit increases, which equals a 22.5 per cent increase compounded over three years...
Industry officials agreed with the administration that the contract's wage and fringe benefits increases fall within the guidelines...