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(Studio) Economist Arthur Okun reacts to Ford's economy program.
REPORTER: Howard K. Smith
(DC) [OKUN - believes business and labor must restrain price and wage increases to truly begin inflation battle. Welcomes 5% surcharge,] Asked about remarks at President' press conference [OKUN - says he's disturbed by President,' denial of United States recession.]
REPORTER: Herbert Kaplow
- Kaplow, Herbert;
- Smith, Howard K.
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