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Economy #55043

ABC Evening News for Thursday, Jul 06, 1978
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(Studio) Carter administration's predictions of higher inflation rate than earlier predicted for year reported.
REPORTER: Sam Donaldson

(DC) White House optimistic predictions for holding down inflation stated; necessary methods for doing this in rest of year noted. [Econ. adviser Charles SCHULTZE - recalls price increases last year were slower in 2nd half of year; thinks same will happen this year] gross national product predictions for year given; reaction of economy adviser to Gerald Ford, Alan Greenspan, reported [GREENSPAN - discusses administration predictions and gives suggestions for meeting issue.] Outlook for administration economy program examined; effect on fall elecs. described.
REPORTER: Dan Cordtz

Cordtz, Dan;
Donaldson, Sam

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