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Economy / Phase 3 1/2 Reaction #229008

CBS Evening News for Thursday, Jun 14, 1973
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(Studio) Nixon economy proposals being called Phase 3 1/2. 60-day freeze on retail prices includes food. Wages, interest dividends,-; rent, farm products remain under voluntary controls Phase III. Proposals to affect farmers and consumers.
REPORTER: Roger Mudd

(Linn Cnty, Iowa) Stk. market fluctuates wildly. [Farmer Loren AIRY - says willing to feed consumer but with government intervention it's unsafe risk.] [Farmer Bob COOPER - says not convinced farm prices to be unaffected. Cutting back on pigs.]
REPORTER: Jeff Williams

(Chicago, Illinois) Opinions from shoppers at grocery store varied. Store owner says price freeze places him in profit squeeze. To raise food prices if possible after 60-day freeze.
REPORTER: Ike Pappas

Mudd, Roger;
Pappas, Ike;
Williams, Jeff

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