Word: wages
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Dates: during 2000-2009
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...hole, 70 cents an hour sounds like chump change. But it's a big boost for the millions of workers who earn that much extra as of July 24. The increase is the third and final uptick in a hike that has since 2007 boosted the federal minimum wage from $5.15 to $7.25. In total, the extra $2 and change translates into a yearly raise of some $4,400 for a full-time minimum-wage worker, nosing his or her family of four above the poverty line. (See 10 ways your job will change...
...minimum wage was first instituted in Australia and New Zealand in the 1890s in response to frequent, bitter strikes and was adopted by Massachusetts in 1912 to cover women and children. With voters seeking a bulwark against the Great Depression, wage-hour legislation was an issue in the 1936 Presidential race. On the campaign trail, a young girl handed a note to one of Franklin Roosevelt's aides asking for help: "I wish you could do something to help us girls," it read. "Up to a few months ago we were getting our minimum pay of $11 a week...Today...
...what John F. Kennedy did and plucked McNamara from Ford, where he was president, to be Secretary of Defense. In his early 40s, he was already an icon. He was the ultimate manager, a man who could use facts and numbers and analyses to solve any problem, even to wage wars in places we had never heard...
...Familia claims to employ thousands of people - all from the state of Michoacan - and pay them wages of at least $2,000 per month, more than 10 times the minimum wage. The capos say they do not tolerate robbery, kidnapping or drug-dealing in their communities. But they reserve the right to use righteous violence against anyone who betrays or crosses them. "Those who commit mistakes are tied up for a long time. If the mistake is grave, they are tortured. If there is loss of trust and treachery, they must die," a cartel spokesman called El Tio (the Uncle...
...McNamara continued to wage his campaign to make amends for Vietnam through the end of his life, most notably in Errol Morris' Oscar-winning 2003 documentary, The Fog of War: Eleven Lessons from the Life of Robert S. McNamara. And he was a vocal critic of the Bush Administration's war in Iraq. Still, there were those who found it hard to forget or forgive his handling of the war he helped lead. Inevitably, its failure is now his epitaph...