Word: waging
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Dates: during 1980-1989
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With Modai at the helm, the unity government revitalized the inflation-racked country's economy. Israel implemented austere wage-price controls that trounced on the more than 400 percent inflation each year, lowering it to a bearable 20 percent. For the first time in a decade, 61 percent of the Israeli public approved of the government's economic policy, according to a poll by the Smith Research Center. Only the Labor-Likud combo can take credit for such effective fiscal policy...
...Total cost: $155 billion. According to the Washington Analysis Corp., an economics- and market-research firm, a petroleum price of about $10 per bbl. for the rest of 1986 would boost American disposable income by $84 billion this year, or roughly $330 for the average wage earner. More conservatively, a Department of Energy economist estimates that if the average price of crude stabilizes this year at $15 per bbl., the saving would be $69 billion...
...Massachusetts-Rhode Island chapter of Associated Builders and Contractors (ABC) had hired Hyatt to mobilize volunteers collecting signatures on a referendum to change the state's wage laws...
...traditional view of women as supplementary wage-earners ignores the reality that lower middle-class Asian families typically depend on two or more salaries in the household. The unemployment of 500 women threatens to seriously disrupt Chinatown's family-oriented community of more than 6000 people...
...have aided the movement for change. General Motors and Kellogg, in defiance of government policy, were the first companies to recognize the Black trade union movement that now constitutes one of the strongest forces for progress. Those American firms which have signed the Sullivan Principles have cut the wage gap between unskilled Black and white workers by half, and in 1983 filled 15 percent of their managerial positions with nonwhites. In 1982, American companies spent more than 5 percent of their operating earnings on community development, education, and training programs. "It is more likely that American companies can only play...