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Economy / Ford / Meeting #236454

CBS Evening News for Thursday, Sep 05, 1974
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(Studio) President Ford meets with 36 econs., Congmen. with regard to inflation.
REPORTER: Roger Mudd

(DC) Senator Mike Mansfield proposed 1st mini-summit. [FORD - says people tired of pols. playing with pocketbooks. Looking for practical action.] [Otto ECKSTEIN - says economy heading for recession.] [Bank of American Walter HOADLEY - says Americans fighting inflation.] [FORD - says must have positive thinking and action, plus truth.] Group not agreed on money policies, tax increases, wage and price controls and government employment. [Chairperson Council for Econ. Advisers Alan GREENSPAN - asks ex-Treasury Secretary George Shultz if things different on other side.] [SHULTZ - says economy in terrible shape. Wishes Greenspan would do something about it.] [Ex-chairperson Council of Econ. Advisers Herbert STEIN - talks about economists lecturing government re: econ.]
REPORTER: Phil Jones

Jones, Phil;
Mudd, Roger

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