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Real wages rise task for 39 years doubles by policy drive
Washington June 14 The Research and Policy Committee of the Committee for Economic Development outlined a plan to raise real wages over the next decade by improving productivity, technology, management and public policy. It notes real wages have roughly tripled since 1900 and argues a sustained rise requires investment in capital, education, health and innovation while distributing gains to the elderly and disabled. The 500 word analysis lists committee members led by Kon B. Folsom and William A. Patterson and stresses that future wage growth hinges on better machinery, research spending, and wise public policy rather than harsher worker exertion.
MENTIONED IN THIS ARTICLE
Washington
Committee For Economy Development
CED
Hs Committee
America
Wan Reed
Kon B. Folsom
Hastman Kodak Co
William A. Patterson
Lnfield
United Air Lines
Ts Polnnting
Cam Duy
Hge
United States
Iur
CD Research and Ilcy Committee
la Hr
Pmimittee
Campiunlty
Henes
Ressarth and
Pollcy Commitee
Mr. Folsom
Heardeley Ruml
Mr. Patterson
Jobo D. Bigxera
Libbey Owens-Ford Glass Co
James FP. Brownles
J. H. Whitney & Co
Brian Colt
Bankers ‘Trust Co
Gardner Cowles
Dex Moines Register & Tribune
Chester C. Davis
Federal Regerve