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Consumer Price Index / Inflation #164499

ABC Evening News for Wednesday, Dec 04, 1996
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(Studio: Peter Jennings) Report introduced.

(Washington: Lisa Stark) The plan to revise the Consumer Price Index (CPI) to cut the official inflation measurement and how the cuts would affect many Americans featured. [Economist Michael BOSKIN, National Council of Senior Citizens Patrick BURNS, Senator Daniel Patrick MOYNIHAN - comment.] The dangerous politics behind changing the CPI outlined.

(Studio: Peter Jennings) Report introduced.

(New York: Robert Krulwich) One man's take on inflation presented; statistics cited comparing the cost of selected items in 1987 and 1996. [With his laminated piranha, Wall Streeter "RAY" - cites the nip of inflation.] The problem the government will have in convincing us that prices have not risen much emphasized.

Jennings, Peter;
Krulwich, Robert;
Stark, Lisa

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