Word: wages
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Dates: during 1980-1989
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Fundamental to the new maturation of Afro-American politics is the emergent diversity of attitudes toward major public policy issues (abortion, middle wage, tuition tax credit, crime, etc.) and the diversity of political leadership. Until the middle 1970s Afro-American politics displayed much uniformity in public policy attitudes and the character of political leadership. Since then growing diversification has evolved in these areas of Black politics, requiring a wider range of political ties...
...last week over the question of their respective roles in Lebanon, they focused attention on a much debated, little understood piece of legislation: the War Powers Resolution. Passed in 1973, when the Viet Nam War was raging, the act was intended to limit a President's ability to wage undeclared war without congressional consent...
Meanwhile, the outlook on inflation continues to be good. TIME'S board predicted that prices would rise 4.5% this year and 5.2% in 1984, far less than the 12.4% jump in 1980. Companies should be able to hold the line on prices because wage demands have slowed while worker productivity has begun to increase after stagnating during the recession. Another reason for optimism about inflation is the stability of oil prices. Said Heller: "There is no third oil shock anywhere in sight." James McKie, an economics professor at the University of Texas, agreed but added a caveat: "There...
...warrants was only one of several to come out of Chrysler's smoking checkbook these days. During the past two weeks, the company promised to pay $117 million in back dividends on preferred stock, scheduled a $250 million payment to its pension fund and reached a $1 billion wage deal with the United Auto Workers. That settlement returns to Chrysler workers the bulk of the paybacks the union employees had given to keep the company afloat...
...comes off the print mills, but the factory management is under considerable pressure to pursue Western markets and make dollar profits, which are the great prize. Can American textile workers possibly compete? Six dollars a week against an average North Carolina wage of $250 a week less deductions? In Shanghai, the net cost of the labor that goes into making a man's suit is $2. New York's garment industry ? or Philadelphia's, or Chicago's ? cannot compete with that. But what share of the American market do the Chinese plan to capture? And do we wish...