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Carter / Inflation / Housing Prices #53371

ABC Evening News for Tuesday, Apr 11, 1978
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(Studio) President Carter's delivery of anti-inflation message before Washington, DC meeting of American Society of Newspaper Eds. noted.
REPORTER: Harry Reasoner

(Studio) Outline of Carter's speech given; his remarks on lack of energy policy and continuing inflation reported.
REPORTER: Frank Reynolds

(DC) Report on Carter speech and anti-inflation proposals. [CARTER - says inflation has become imbedded in economy because all are caught up in it and can't stop it alone. Says 1st and most direct efforts are within government] Details of necessary government actions listed. [CARTER - cites intentions for limiting federal employees' wage increases] Voluntary restraints on part of industry and labor stated as plan instead of wage and price controls. [CARTER - expects industry and labor to keep price and salary increases down.] Lack of new proposals in anti-inflation plan noted.
REPORTER: Sam Donaldson

(DC) Analysis of Carter proposals given, as well as outlook for public adherence to President's requests for vol. cutbacks.
REPORTER: Dan Cordtz

(Studio) Carter statement on inflation quoted. Commerce Department report on average cost of new home at end of 1977 and in succeeding mos. reported.
REPORTER: Frank Reynolds

Cordtz, Dan;
Donaldson, Sam;
Reasoner, Harry;
Reynolds, Frank

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