Word: wages
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...this new new economy. The Bureau of Labor Statistics announced in August that output per worker increased 5.7% in the second quarter. Translation: we're working harder because companies will not hire more people. Fun? "Phooey! Just give me more time off" is the rallying cry of today's wage slaves...
...controversial rape case has turned into the latest pop culture fad: Young boys strut around in “Free Kobe” merchandise as if rooting for a team. Internet surfers wage online votes on whether the woman is lying. Talk show hosts joke about the woman’s failed American Idol bid. And as the craze grows, the public’s implicit attitude toward sexual assault has been undermined. People have made a mockery out of a very serious allegation, and their conduct will certainly leave a lasting impact...
Previous to his work on Watergate, Cox, a leading labor economist, was chairman of the Wage Stabilization Board in Harry S Truman’s administration...
Harry S Truman relied on Dunlop to help with steel prices; Dwight D. Eisenhower called on him to end a rail crisis; and John F. Kennedy asked him to assist in preventing labor disputes at missile construction sites. Richard Nixon sought his advice on wage and price guidelines...
Dunlop had promised organized labor his signature on the bill, in exchange for assurances from the construction unions that they would moderate their wage demands...