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COWPS
- Council on Wage and Price Stability.
Example Sentences
The company claimed that the rise was necessary to cover the cost of the coal strike and settlement; blast furnaces gulp coking coal in great quantity, COWPS, however, figured that the settlement and indirect effects of the strike would add only $4 a ton to steelmaking costs.
And one official on the COWPS, which administers the standards, sheepishly maintained that the anti-inflation effort "could be just as well off without a guideline program."
The President's position is so uncertain that COWPS, in blasting the bill, took care to say that it was not speaking for the President.
The Administration claims that in the six months through last January, Sears increased prices at an annual pace of 4.2%, well over the 3.2% allowed it by COWPS.
COWPS' 45-page booklet of basic regulations is so loaded with well-intentioned but confusing caveats, qualifications and exceptions that not even lawyers seem able to understand it.
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