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Economy / Wholesale Prices / Inflation #53719

ABC Evening News for Thursday, Apr 06, 1978
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(Studio) Rise in wholesale prices noted.
REPORTER: Harry Reasoner

(Studio) President Carter's upcoming anti-inflation speech mentioned. Wage and Price Council statement on Carter inflation-fighting program and needed changes outlined.
REPORTER: Frank Reynolds

(DC) Details given with regard to economy situation, Wage and Price Council report and outline of Carter's upcoming proposals. [CARTER - calls for tax reform.] Admin.'s apparent rejection of wage and price controls and belief of some economists that inflation will be stuck without them stated.
REPORTER: Stephanie Levinson

(Studio) Problems of inflation for elderly noted. President Carter's signing of bill raising retirement age to 70 reported Film shown. Details of law given.
REPORTER: Frank Reynolds

Levinson, Stephanie;
Reasoner, Harry;
Reynolds, Frank

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