Word: steered
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Dates: during 1970-1979
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...gotta do is sit there and steer, right?" Yeah, just try it, buddy...
Most coxswains eventually learn to steer a course that resembles a straight line. Once a year, however, there's a race in Cambridge that demands a little more of those little people who do the yelling...
...letdown. You had all that adrenalin--didn't you get excited, especially considering "all ya gotta do is steer?" But hey, it was no sweat, right? Nothin' to it, right...
Steiger and his allies assert that high capital gains taxes hit the economy precisely where it is most vulnerable. They steer investors away from innovative, high-risk ventures and push people to buy such securities as bonds of mature companies, which yield a steady, safe return. That return is taxed at ordinary-income rates, to be sure, but then capital gains rates are no longer low enough to compensate investors for extra risk. Supporters of Steiger argue persuasively that cutting capital gains rates would raise federal revenues rather than reduce them. People would sell assets they have been salting away...
...overall American proposal on the bargaining table because that would probably lead to cries of an "imposed peace." But if other efforts fail, he may issue a declaration describing U.S. "ideas" for a comprehensive peace. He much prefers, however, simply to make suggestions on crucial points and try to steer the talks toward a balanced outcome...