NBC Evening News for Saturday, May 17, 1980
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(Studio) Protest of cuts in federal budget in Washington, DC said led by Reverend Jesse Jackson. Chant of "We Want Jobs" and prayer for end to economy hardship reported Similar demonstrations said planned for both political conventions in New York City and Detroit, Michigan.
REPORTER: Jane Pauley
(No location given) United States said dropping to 2nd place in production of cars, behind Japan. Large % of cars sold in United States reported made in Japan. American automakers said to want Japanese to lower exports. [Ford Motor Company chairperson Philip CALDWELL - complains that Japanese are working overtime to produce cars while Americans are being laid off.] Import restrictions on Japanese cars said ruled out by President Carter. [Transportation Secretary Neil GOLDSCHMIDT - explains United States must be careful with regard to trade relations with other countries.] [Chrysler Corporation chairperson Lee IACOCCA - forecasts bad year for auto. industry.]
REPORTER: Irving R. Levine
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