Word: upwards
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...bosses. Says W.J. Usery, Secretary of Labor under President Ford: "Now is the time we should try to reason together and work together. We have to minimize the adversary roles that we have played in the past 40 years and concentrate on productivity and providing steady jobs with upward mobility for people." That would be a worthy goal for both unions and management during labor's next century...
...cost of borrowing remains extremely high for both business and government. The Treasury last week released its federal financing calendar for the remainder of 1981, which calls for raising $18 billion in the coming eight weeks, a sum that will continue to apply upward pressure on interest rates...
Teachers should be encouraged by providing them with new opportunities and upward mobility. "Starting a new program doesn't mean always bringing in new people," he says...
While demand edges upward, supplies are going down. U.S. crude-oil inventories now stand at about 19 million fewer barrels than they did a year ago at this time. No oil glut promises to come to the rescue if supplies grow tight during the winter. Indeed, the cushion of excess inventory over normal levels dropped during the summer from 500 million bbl. to roughly 200 million bbl. or so by last month. Energy Analyst Constantine Fliakos of Merrill Lynch now warns that supply and demand could be in actual balance before the end of the year...
...traditional Celtic hostility to education and literacy is paralleled among the peasants of southern Italy, Sowell says. Oppression by feudal martinets engendered attitudes that resisted any conception of upward mobility. Education, as promulgated by either state or church, was an invasion of the sanctity of the family, the only institution southern Italians found they could depend upon in times of adversity. Sowell argues that the steamships bringing Italians to the United States in the late 19th and early 20th century transported this faithlessness with them. It was the "bad" son or daughter who was selfish enough to desire college education...