“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
“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
