ABC Evening News for Tuesday, Jun 16, 1970
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(Studio) White House reports no unemployment decline this year; manufacturer profits low; Minneapolis, Minnesota federal reserve bank admits recession occurring.
REPORTER: Howard K. Smith
(DC) Nixon economy speech will continue present policy; federal spending restraint and money flow dealt with; stronger anti-inflation and anti-unemployment moves coming; voluntary wage and price controls expected; Nixon needs public confidence in economic stategy.
REPORTER: Tom Jarriel
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