CBS Evening News for Tuesday, Aug 03, 1971
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(Studio) Old theories not working on present economy situation.
REPORTER: Walter Cronkite
(DC) Govt. language used to explain economy situation escalating from gobbledy to baffling gab; former economy council chairperson Leon Keyserling says admin.'s economic policy can't work because slow growth and high unemployment generate inflation, not cure it.
REPORTER: Eric Sevareid
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