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Economy Policy / Friedman / Samuelson #16702

ABC Evening News for Tuesday, Aug 17, 1971
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(Studio) Econ. experts interviewed concerning new economic policy.
REPORTER: Harry Reasoner

(No location given) [Dr. Milton FRIEDMAN - likes portions of new policy cutting government taxes and spending.] [Dr. Paul SAMUELSON - says if fed. expenditures cut by $4.7 billion, unemployment will increase] [FRIEDMAN - thinks wage-price freeze bad because only suppresses inflation symptoms.] [SAMUELSON - doesn't think freeze will solve inflation, but at least Nixon doing something.] [FRIEDMAN - says economy expansion started 6 mos. ago, not created by new policy.] [SAMUELSON says situation improved by new policy.]
REPORTER: No. reporter given

Reasoner, Harry

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