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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.

(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

Hart, John;
Levine, Irving R.

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