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Carter Inflation Program / Kahn #496907

NBC Evening News for Sunday, Nov 05, 1978
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(Studio) New Wage and Price Stability Council head Alfred Kahn's statements about his plans to use government instruments available to make President Carter's inflation fighting plan work reported.
REPORTER: John Hart

(DC) Background report on Kahn's 1st days in new position and his views of job, anti-inflation program and plans for program. [WOMAN - gives phone caller information on anti-inflation plan.] [KAHN - refuses to sign White House-written letter to business] [MAN - discusses letter with Kahn.] Mtgs. to discuss chgs. that program won't work mentioned. [KAHN - general reaction is that it must work.] (Temporary video loss.) Kahn's background as head of Civil Aeronautics Board outlined. Films shown. [CARTER - intros. Kahn.] Failure of former anti-inflation chief Robert Strauss to control inflation noted. Possibility of mandatory wage and price controls if new efforts fail stated. [KAHN - can't guarantee mandatory controls won't happen, but administration doesn't want to use that method. Discusses attitude towards job.] Kahn reported to be able to return to Cornell University as economy prof. if not successful.
REPORTER: Irving R. Levine

Reporter(s):
Hart, John;
Levine, Irving R.
Duration:
00:03:30

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