Business: The U.S. v. Construction Workers

SOARING construction wages are the frequent butt of jokes by comedians and cartoonists. "Plumbers make so much money these days that they have to work about a week, with overtime, to pay for a Ford Maverick," gibed Tennessee Ernie Ford in a recent radio commercial. What was once mere grumbling has lately turned to alarm among businessmen, economists and Government officials. They reason that unless the U.S. finds a way to stop exorbitant pay increases in construction, the pattern will continue to spread into many other industries and to undermine the nation's fight...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!