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Economy #58572

ABC Evening News for Wednesday, Mar 21, 1979
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(Studio) Announcement yesterday with regard to corporation profits increase and political reaction recalled.
REPORTER: Frank Reynolds

(DC) Effect of large industry profits on administration's anti-inflation program, incl. President Carter's vol. wage/price guidelines examined. [Alfred KAHN - suggests revealing names of companies not cooperating with inflation-fighting program.] AFL-CIO president George Meany's call for excess profit tax detailed; pts. shown on screen. [National Association of Mfrs. spokesperson Heath LARRY - defends business profits.] Possible effect of corporation profits on new Teamsters contract, now being negotiated, cited.
REPORTER: Bill Zimmerman

Reynolds, Frank;
Zimmerman, Bill

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