National Affairs: Praises for Raises

Just about 99.44% of the nation's economists and analysts believe that wages spiraling ahead of productivity will put the U.S. at a serious disadvantage in world trade and will contribute to the gold drain. But A.F.L.-C.I.O. President George Meany is not a man to be intimidated by odds; he vigorously believes that wages should be raised to spur buying power and growth. "Don't let anyone tell you that low wages are the answer to our problem," said he at a union meeting in suburban Miami last week. "On the contrary, ours is a high-wage, high-priced economy, and it must move forward...

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