0
President Harry Truman was reluctant to raise wages primarily due to concerns about inflation and the potential for economic instability following World War II. He feared that significant wage increases could lead to a rise in prices, exacerbating inflationary pressures and undermining the post-war economic recovery. Additionally, Truman aimed to maintain a balance between labor interests and business needs, believing that uncontrolled wage hikes could disrupt this equilibrium and harm the overall economy.
What else can I help you with?
Use the word quietus in a sentence?
He has demanded a raise in wages, but I put a quietus on that request.
Does the minimum wage increase the wages of people who make a little higher than minimum wage?
No legally this does not affect their wages at all. Some companies do raise wages because of it a little bit though.
Why did Harry S. Truman have kids?
Harry S. Truman had kids because family was important to him. It was also very normal for men to become fathers and to raise a family.
If the supply of workers and demand for workers is at an equilbrium what would be true?
there is no pressure to raise or lower wages.
Why are state lawmakers reluctant to raise taxes to pay for state government services?
Because if they do the electorate will punish them by never voting them in again.
Why did most business owners managers hesitate or refuse to raise workers wages?
They Want to save money wage is a cost of their company
Does a public sector employer have to raise taxes to cover wages and benefits?
i donmt know because i am black
What happens if wages do not raise as fast as inflation?
a lot of people will be out of jobs and the country could go into another depression.
What is the homonym of reluctant?
The homonym of reluctant is "willing".
Designed to raise the standard of living in underdevelopment countries the point four program was initiated under?
Harry S. Truman
Is a cost of living raise mandatory?
There is no requirement to provide a cost of living raise. Most companies provide them to keep good employees, so they don't look for higher wages elsewhere.
Do you get a raise per year by law?
Only if you're subject to the minimum wage law and the minimum wage is raised. Otherwise, there is no law saying an employer has to give anyone a raise. In fact, they can reduce your wages.
