Less than four months after freezing wages to head off inflation, the Wage Stabilization Board essayed a back-wrenching feat of economic gymnastics, cartwheeled over to the stove, and began thawing wages out to compensate for the rising cost of living. Last week by a vote of 8 to 4 (with industry members in opposition), it granted 220,000 meat-packing workers a raise of 9ยข an hour, thus boosted their pay 14% above the levels of January 1950, and thereby violated the board's own 10% raise limit.
The board's majority report announced, in explanation: "We...
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