Word: wages
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Dates: during 1980-1989
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...criticism. Says Edward Martone, executive director of the New Jersey branch of the American Civil Liberties Union: "If every inner-city principal took the Joe Clark tack, they'd just throw one-third of their student body into the street. At best those kids are going to get minimum-wage jobs. At worst they're going to end up committing crimes and being incarcerated...
Executives at General Motors are deeply concerned about a rising cost of doing business. Escalating wage demands perhaps, or increasing prices for steel? No, the problem has nothing to do with making cars. What really alarms GM is the company's health insurance plan. During the first nine months of last year, GM spent more than $2 billion on medical care coverage for its 2.3 million employees and retirees and their dependents. In the same period, the profits earned by the giant industrial firm were $2.7 billion. And while those earnings were only marginally higher than they had been...
...that they might suffer U.S. aid cutbacks if they abandoned the contras. Powell also urged them to condemn the Sandinistas' intransigence as a major obstacle to peace. The Administration's critics saw the mission as part of an overall plan to topple the Sandinistas by using the contras to wage a proxy war. The outcome of last week's summit, however, seemed to dim hopes that Congress would approve more military aid for the contras anytime soon. Conceded an Administration official: "The Sandinistas are off the hook for now. It's extremely difficult to justify lethal aid if the Sandinistas...
...economic background should serve him well. Despite a spectacular average annual growth rate of more than 9% over the past two decades, Taiwan's economy now stands at a potentially hazardous crossroads. With an average manufacturing wage of $535 a month, the country can no longer claim to offer cheap labor by Asian standards, yet it has been slow to invest in higher- technology fields. Exports of textiles, a key industry, last year grew by an impressive 23%. But other sectors have been hurt by a 40% rise since late 1985 in the value of the New Taiwan dollar against...
...every reckless accusation of treason. The nation had to undergo a prolonged and squalid crisis until journalists learned to check out irresponsible charges and give the accused a chance to reply. Spiro Agnew was a nonentity as Vice President until the beleaguered Richard Nixon decided to deploy Agnew to wage a smear campaign against network news bias. Fearful of Government intervention, television gave him more attention than he deserved. Agnew's hour in the spotlight ended not because his charges were disproved (they stuck in many minds) but because evidence of his past crookedness finally caught up with...