CBS Evening News for Monday, Aug 20, 1984
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(Studio) President Reagan's denial that his economic policies cater to the wealthy quoted.
REPORTER: Dan Rather
(DC) [July, REAGAN - questions health of nation now as compared to four years ago.] Role of "fairness" issue, public's perception of Reaganomics, in fall elec. examined. [Reagan strategist Stuart SPENCER - defs. President's rearranging of status quo.] Impact of President's economic policies on corporate America discussed. [Investment banker Felix ROHATYN - thinks business community has thrived economically and ideologically under Reagan.] Studies of The Urban Institution and Congress Budget Of c. noted confirming substantial economic gains of the wealthy since 1980. [Farm auctioneer Steve LILLY - was Baptist and Democrat until he learned better.] [Attorney Kathleen BRATTON - is voting Republican for first time.] Bratton said illustrating Yuppies; details given. Drop in unemployment in Flint, Michigan, since 1982 noted. [Rod WILSON - praises Reaganomics.] President's dismissal of criticism that his policies have hurt the poor as demagoguery noted; contradictory findings outlined. [Joe and Mary Jane WEISHARR, Pat and Dennis EDDY - blame Reagan for plight of working class.] Their farming problems described; impact of Reaganomics on single mothers such as Dale Tolbert outlined. [TOLBERT - notes her welfare benefits were cut due to being 4 cents over the limit; can't afford medical care for children.] No. small business going bankrupt since 1981 noted; Reaganomics' effect on blacks and other minorities discussed. [August 1980, REAGAN - shouts with South Bronx residents.] [Marlene SINTRON - believes President is insensitive to plight of the poor.] [Bureau of Labor Statistics spokesperson Samuel EHRENHALT - quotes Charles Dickens to describe nation's current situation.]
REPORTER: Bill Plante
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