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Economy / Wholesale Prices / Inflation #257694

CBS Evening News for Thursday, Apr 06, 1978
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(Studio) Incr. in wholesale prices in March noted. President Carter's preparations for anti-inflation program mentioned.
REPORTER: Walter Cronkite

(DC) Details given with regard to wholesale price increase and outlook for future. Wage and Price Council report outlined.
REPORTER: George Herman

(Studio) Wage and Price Council's statement with regard to solution to inflation reported.
REPORTER: Walter Cronkite

(NYC) Films shown of Carter in 1976 and later. [CARTER - believes primary threat to be continued unemployment and that unnecessary increases in price and wages can be avoided.] Report is on reasons for inflation being regarded as nation's top economic problem. [CARTER - proposes tax cut.] Effects on inflation of tax cut, minimum wage increase, Social Security tax increase, oil tax and proposed farm bill examined. [Merrill Lynch economy Albert COX - says only thing to do is cut government spending.] Carter's upcoming speech on inflation noted.

(Studio) White House announcement noted that Carter to deliver speech on inflation, energy and United States dollar before meeting of American Society of Newspaper Eds. on Tuesday
REPORTER: Walter Cronkite

Brady, Ray;
Cronkite, Walter;
Herman, George

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