CBS Evening News for Thursday, Sep 30, 1982
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(Studio) August index of leading economy indicators discussed; details outlined on screen. Defense postures of Commerce Secretary Malcolm Baldrige and President Reagan noted.
REPORTER: Dan Rather
(DC) [BALDRIGE - dismisses downturn in economy health.] [Economist David JONES - thinks economy is continuing to fall, will hit bottom next year] President's Capitol Hill lobbying for balance budget constitutional amendment noted. [REAGAN - opposes subversion of Congress] Speaker Thomas O'Neill's comparison of President with Herbert Hoover quoted. [Representative Jim WRIGHT - thinks President is employing political gimmickry.] House Democrats said agreeing to bring balance budget amendment up tomorrow; implications for administration of O'Neill's plan to call for major approval of amendment explained.
REPORTER: Lesley Stahl
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