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Economy: Retail Sales, Wholesale Prices / Stock Market / Bush and Taxes #332644

CBS Evening News for Friday, May 11, 1990
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(Studio: Dan Rather) Report introduced.

(New York: Ray Brady) Impact of retail sales and wholesale price figures for past month on American economy examined. [American Business Econometrics Walter WILLIAMS - talks about Americans' spending.] "Stock Market Report". [WOMAN - comments.] [Independent Bankers Association Kenneth GUENTHER - talks about the credit crunch.] Meeting of two top banking regulators and Federal Reserve Board chairman William Greenspan with bankers yesterday noted. [Regulator Robert CLARKE, GUENTHER - comment on meeting.] Problems President Bush would face if slowdown in the economy continues outlined.

(Kingsville, Texas: Lesley Stahl) Bush's ambiguous position on taxes reviewed. [On Air Force One, BUSH - comments vaguely.] [Senator Jim SASSER - wonders why Bush has not laid out a proposal to deal with economy.] [On "Larry King Live", former President Richard NIXON - gives his views about Bush and taxes.] Bush's "keep em' guessing" strategy in dealing with both Republicans and Democrats reiterated.

Brady, Ray;
Rather, Dan;
Stahl, Lesley

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