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Economy / GNP #534537

NBC Evening News for Tuesday, Nov 20, 1984
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[Bypassed introduction]

(NYC) 3rd quarter gross national product reported; gross national product since first of year graphed on screen. President Reagan's claims that economy growth would diminish federal deficit recalled.
REPORTER: Tom Brokaw

(DC) Econ. slowdown indicated by gross national product figs. and concerns over possible recession examined;house construction for October, imports for 3rd quarter and personal spending for same period outlined on screen. [Econ. Allen SINAI - interprets figs.] [Commerce Secretary Malcolm BALDRIGE - dismisses critics.] Slowdown's econ. implications explained. [Budget analyst Stanley COLLENDER - cites need for budget cuts and incrd. taxes to lower deficit.] [Senator Robert DOLE, Representative Trent LOTT - support across the board budget freeze.] [BALDRIGE - responds.] Reagan's options considered.
REPORTER: Irving R. Levine

(Studio) Reagan's key political adviser noted indicating Walter Mondale's claim of need for tax increase is probably right.
REPORTER: Tom Brokaw

Reporter(s):
Brokaw, Tom;
Levine, Irving R.
Duration:
00:02:50

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