Word: workersâ
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...paid hi the future?to inflation. Below the maximum benefit (currently $460 per month), the amount a worker will receive from Social Security when he retires increases as his salary rises. Since pay hikes partly reflect inflation, the measure thus inadvertently double-indexed future benefit levels for these workers???about 86% of the people covered by Social Security?to price rises. To eliminate the double boost, the House approved a complex new formula that will keep the average benefit where it is now: at about 43% of the salary that a recipient earned while working...
...could not stomach George McGovern. "Our candidate," vowed Meany, "will get the full backing of the best political machine in the country." There already were strong signs that labor would deliver for the Carter-Mondale ticket?not only in votes but in voter registration. The well-organized United Auto Workers???1.4 million members across the country?is revving up. Ohio labor leaders are working closely with the Democratic organization. Says Thomas Bradley, president of the AFL-CIO in the Baltimore area: 'Tm working my fanny off for Carter because we just don't see any understanding of the economic situation...
...there is much in women's liberation that is to their benefit?a loosening of their own role as breadwinner, for example. But it would be foolhardy to ignore the many men who regard the women's upsurge as a threat and try to keep women?wives, daughters, co-workers???in "their place." As more women arrive on the job market, more men may wonder if they will lose their own posts...
...carry a burden of bank debts that would drive a U.S. executive to drink?or his company to the brink. Above all, every part of the Japanese economy is directed toward a national goal, and almost everybody feels a sense of participation in achieving it. Bureaucrats, bankers, business executives, workers???all labor hard to make Japan a world power through economics...
...dilemma is a complex one. While postal workers???and many other public employees?are undeniably underpaid, government's first obligation is to protect the economy and maintain essential public services. The right to strike is an important weapon in labor's arsenal. But strikes against government?whether local, state or federal?not only endanger society but also weaken popular confidence in government and ultimately degrade the government itself...