Word: low
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Dates: during 1970-1979
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...Monty Python TV skit, an insurance agent blandly informs a client that his premiums have been low only because his policy states, way down in the fine print: "No claim made by you will be paid...
...them to turn a profit. In that sense, they are suffering in the same way as other Americans, who also must figure out how to make ends meet as inflation devours their purchasing power. In fact, the prices received by farmers are up 11% from last year's low levels...
That seems an unlikely proposal to fire the passion of tax rebels, since four-fifths of the benefits would go to people with incomes of $100,000 a year or more. But Steiger and his allies insist that the U.S. economy is being held back by a low rate of investment...
...heavy investors are reluctant to sink money into risky new ventures unless they can foresee lightly taxed profits. Frank Press, director of President Carter's Office of Science and Technology Policy, has found that more than 300 high-technology companies were started hi 1968, when capital-gains taxes were low. In 1976, the last year for which figures are available, there were none whatsoever...
...relations between the Carter Administration and the press have recently been at an unhappy low, there are some who reason that by a President's second year, things are usually that way. Others blame the situation either on the shortcomings of the press or on Carter's people. But Stephen Hess, a senior fellow at the Brookings Institution, thinks "a more basic reason is boredom...