[SANITIZED]NATIONAL INTELLIGENCE BULLETIN MAY 10, 1976 - 1976/05/10

• Document Type: SPECIALCOLLECTION
• Collection: Argentina Declassification Project - The "Dirty War" (1976-83)
• Document Number (FOIA) /ESDN (CREST): 02996489
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 12
• Document Creation Date: April 3, 2019
• Document Release Date: April 12, 2019
• Publication Date: May 10, 1976

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USIB
UNITED STATES
INTELLIGENCE
BOARD
National Intelligence
Bulletin
3.5(c)
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May 10, 1976
N2 699
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National Intelligence Bulletin
May 10, 1976
CONTENTS
ARGENTINA: Junta decrees
15-percent wage hike
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National Intelligence Bulletin
May 10, 1976
ARGENTINA
In an effort to head off trouble from organized labor, Argentina's military
junta has decreed an across-the-board 15-percent pay hike, effective June 1st. The
government has also arrested a number of businessmen accused of price gouging.
The pay increase will be augmented by increases in family allowances. Even so,
workers will not be able to keep pace with inflation, which is running at 30 to 35
percent a month.
The arrest of businessmen is designed to give substance to the junta's earlier
promise to punish anyone who tries to take unfair advantage of its decision to lift
price controls. One of the government's early acts was to remove such controls in an
effort to avert shortages of consumer goods. Among those detained is the local head
of a US-owned firm. The arrests may also be a gesture toward organized labor at a
time when much of the junta's economic policy most directly benefits business.
Although the junta has moved to deprive labor of the political and economic
power it held during the Peron regimes, the government cannot afford to alienate
workers. Even though the unions are now under close government supervision, they
have the potential to be politically disruptive. A highly restive work force would be
difficult, if not impossible, to keep in line without recourse to the repressive tactics
the junta has thus far successfully avoided. 3.5(c)
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