ABC Evening News for Friday, Sep 27, 1974
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(Studio) President opens economy summit.
REPORTER: Howard K. Smith
(DC) [FORD - promises to give fair consideration to all views and carefully weigh each suggestion with regard to economy] Several critics attack Ford admin.'s traditional methods used to solve inflation problem. [Representative Carl ALBERT - believes traditional methods unlikely to solve inflation.] [AFL-CIO George MEANY - says administration policies fight inflation by creating depression.] [Teamsters Union Murray MILLER - suggests Ford clean house and get new, workable policies ready.] [Syndicated columnist Sylvia PORTER - believes consumer left out of decisions that would help fight inflation.] Senator Mike Mansfield proposes wage, price controls. [Fed. Reserve Bd. chairperson Arthur BURNS - defends tight money situation.]
REPORTER: Steve Bell
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