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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.
REPORTER: Ray Brady

(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

Reporter(s):
Brady, Ray;
Cronkite, Walter;
Herman, George
Duration:
00:04:20

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