NBC Evening News for Saturday, Dec 31, 1983
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(Studio) Eastern Air Lines' agreements with creditors to avoid default in 1984 reported Predictions of continued turnaround in 1984 for United States corps. said doubtful if federal deficit not reduced.
REPORTER: Connie Chung
(DC) Case of Automata Company, headed by Mohamed el-Ezaby who immigrated from Egypt several years ago, given as example of successful company [El-EZABY - cites plans to hire new workers.] [President REAGAN - says 1983 was banner yr.] Econ. conditions in 1983 outlined. [Econ. Herbert STEIN - comments.] Contd. unemployment noted. [Unemployed steelworker Ron SCRUGGS - comments.] [EVANS - predicts 1984 unemployment figs.] [Econ. Michael EVANS - comments.] [Econ. Jerry JASINOWSKI - comments; predicts inflation for 1984.] Concern with regard to effect of federal deficit on recovery described. [Senator Robert DOLE - comments.] [STEIN - comments on need for tax increase] 1984 as election year noted.
REPORTER: Irving R. Levine
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