Word: waging
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Dates: during 1980-1989
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Dollars have long served as an inflation hedge in Brazil in bad times. The irony was that they now seemed to be serving that purpose in good times. The government's recent policies beat inflation back to a 1.2% monthly rate in July, and wage increases gave consumers the wherewithal for a huge spending binge. But the buying spate has created shortages -- at official prices -- of such items as automobiles, meat and eggs, leading merchants to ask for under- the-table sweeteners, meaning renewed price pressure. When the raids were launched, illicit greenbacks were selling in Brazil for 88% more...
...wonder whether the Attorney General has considered the kind of genie that can rise from the constructionist bottle. Strict adherence might have prevented his boss from making war in Grenada. Keeping the CIA's favorite secrets would be impossible. There could be no federal minimum wage. The Air Force could not be funded (the Constitution mentions only an Army and a Navy), and the FCC, if it existed at all, could not assign television channels...
...insist that the company has locked them out, while management calls the action a strike. By any name, predicts Union Spokesman Gary Hubbard, "it's going to be a long fight." The walkout began after negotiations on a new contract broke down. USX rejected a union offer of a wage freeze, insisting that the company needs pay-and-benefit concessions to stay in line with industry labor costs. Said a tough-talking USX Chairman David Roderick: "We're going to get a competitive labor agreement, and we'll settle for nothing less...
...contracts settled since April, the United Steelworkers has given wage- ) and-benefits concessions to LTV, Inland Steel, National Steel and Bethlehem, the third-largest manufacturer. National Steel's workers accepted a $1.50-an- hour cut, reducing hourly labor costs to $22.72, and LTV cut its costs by $3.60 an hour, to $22.60. USX negotiators have insisted that the firm needs a savings of at least $2 an hour, to about $23, to stay competitive. USX underscored that demand last week when it reported that second-quarter earnings had plummeted by 92%, to $14 million. A major factor was the firm...
...garbage collectors are protesting, among other things, the two-year, 10% wage package the city has offered their union. The haulers, however, represent only a small segment of the Philadelphia municipal workers who were on strike. Libraries, city-run museums, and swimming pools have been shuttered during the walkout. Meanwhile, last week municipal workers in Detroit followed Philadelphia's example and walked off the job for higher wages, shutting down buses, the city zoo and, yes, garbage collection. As the rubbish piled up there as well, a county judge ordered the city and unions, which represent 7,000 striking workers...