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Special Assignment (Defense Spending) #76994

ABC Evening News for Monday, Mar 01, 1982
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(Studio) Opposing perspectives on defense spending outlined.
REPORTER: Frank Reynolds

(DC) Rel. between defense spending and national economy examined in detail. World War II and Great Depression recalled. Results of survey of economists on theory outlined. [Economists Lawrence CHIMERINE, Michael LEVY, Irwin KELLNER - explain their position.] Comparison by Merrill Lynch of President Reagan's proposed plan and a slower growth rate discussed; situation at Eaton Corp. examined as example [CHIMERINE - describes anticipated scenario.] [KELLNER - agrees.] President's economy report and economy aide Murray Weidenbaum noted expressing different position. [WEIDENBAUM - disagrees with critics.]
REPORTER: Dan Cordtz

(Studio) Tomorrow's segment outlined.
REPORTER: Frank Reynolds

Reporter(s):
Cordtz, Dan;
Reynolds, Frank
Duration:
00:04:30

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