Word: boosted
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...expected that labor, now hot after 30% increases to bring postwar wages up to wartime totals, would be content for long with 15%. But there was no law against hoping; Administration analysts hoped that by spring U.S. production-and profits-would be big enough to give a Boost to wages without a lift of prices. If done, it would be the neatest economic trick of the millennium...
There was no shortage of reasons. The most obvious was that the war had cut production. The loss of the Philippines had cut out 900,000 tons a year. Cuba, trying to boost production, had cut its sugar cane too close to the ground in 1944. Not only does it take 18 months for the growth to come back to normal, but Cuba this year suffered its worst drought in 86 years, resulting in a sugar loss of 900,000 tons. Hawaiian and Puerto Rican production was way down...
...entire 130,000 words of the Army & Navy's Pearl Harbor reports. It was quite a job. The Times flew the texts up from Washington, piled up 80 hours of printers' overtime in setting it, tossed out four pages of advertising, dipped into its paper rations to boost its average midweek 155 columns of news to 283 columns, and hit the streets with the full text seven and a half hours after getting...
...argued that only by keeping the price ceiling would badly needed cheap housing be built, a wild inflation in building be averted. Without a ceiling, a $6,000 house could easily sell for $12,000 in the present shortage. Furthermore, frantic bidding for prices of scarce materials would soon boost their prices out of sight, and further jack up building costs all down the line...
...earlier, a Senate labor subcommittee had called on the War Labor Board to regard all wages below 65? (instead of 55?, as at present) as substandard. And two days later, 70 House members had signed a petition asking President Truman to revise the battered Little Steel formula, permit a boost of at least 20% in the basic pay rate "to avoid sowing the seeds of a disastrous depression...