“I might say that when the settlement was made the Nixon administration issued what they called a second inflation alert in which the General Motors settlement was branded as being inflationary and bad for the country.” MadeCountryMightAdministrationInflationMotorSettlementBrandedGeneral Motors Author:Leonard Woodcock
“Now, wages in the automobile industry are made up of two components, what we call base rates and the cost of living factor which is fed in by the operation of the escalator.” MadeTwoIndustryCostRateFactorsOperationsFedsWagesComponentsAutomobileCost Of LivingEscalatorsAutomobile Industry Author:Leonard Woodcock
“And so we said to General Motors that the solution had to be a first year increase, which had to be sizeable because we bad to catch up with the lost position as against the cost of living and we had to make some progress.” YearsFirstsSaidLostProgressPositionCostSolutionsIncreaseMotorCost Of LivingGeneral Motors Author:Leonard Woodcock
“Well, first of all the Dominion Bureau of Statistics made a survey in the spring of 1970, which showed that on balance the difference in the cost of living between Canadian cities and American cities was 5 % to the advantage, of course, to the Canadian cities.” FirstsWellsMadeCoursesDifferencesCitiesBalanceCostSpringAdvantageStatisticsDominionSurveysAmerican CitiesCost Of Living Author:Leonard Woodcock
“When we came then to the 1967 negotiations we had the problem of one market between two countries fully under the control of the American companies that owned the facilities on both sides of the border.” TwoCountryProblemSidesCompanyBordersBoth SidesNegotiationFacilityTwo SidesTwo Countries Author:Leonard Woodcock
