• Short Summary

    AFTER SEVERAL MONTHS OF PREDICTIONS AND WARNINGS FROM BUSINESS LEADERS THAT A RECESSION WAS IMMINENT FOR THE US, THE WHITE HOUSE FOR THE FIRST TIME ACKNOWLEDGED THAT THEIR PREDICTION IS PROBABLY CORRECT.

  • Description

    AFTER SEVERAL MONTHS OF PREDICTIONS AND WARNINGS FROM BUSINESS LEADERS THAT A RECESSION WAS IMMINENT FOR THE US, THE WHITE HOUSE FOR THE FIRST TIME ACKNOWLEDGED THAT THEIR PREDICTION IS PROBABLY CORRECT. LYLE GRAMEXX GRAMLEY, ONE OF THE PRESIDENTS ECONOMIC ADVISERS, SAID AT A NEWS CONFERENCE THAT + WE HAVE TO RECOGNIZE THAT WE MAY BE + (IN A RECESSION) BUT NOTED THAT HEANAXX HE AND HIS COLLEAGUES BELIEVED IT WOULD BE A MILD ONE. CARTER WILL TALK ABOUT ECONOMIC AS WELL AS ??? PROBLEMS IN HIS SUNDAY EVENUXX EVENING TV ADDRESS. MRS CARTER GAVE SOMETHING OF A PREVIEW OF A MAJOR THEME OF THE SPEECH WHEN SHE SPOKE TO A WOMENS POLITICAL GROUP IN THE ROSE GARDEN SHE SAID THAT THE COUNTRY'S PROBLEMS HAD DEVELOPED OVER A `LONG NUMBER OF YEARS...PROBLEMS THAT DO NOT HAVE EASY SOLUTIONS.' SHE SAID PREVIOUS ADMINISTRATIONS HAD NOT SUCCEEDED WITH SHORT-TERM, QUICK P SOLUTIONS AND HER HUSBAND, WOULD NOT APXX ATTEMPT THIS APPROACH.

  • Tags

  • Data

    Film ID:
    VLVAB8GI2N37JXRI8FFEDPO3EVQCO
    Media URN:
    VLVAB8GI2N37JXRI8FFEDPO3EVQCO
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    12/07/1979
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:18:00
    Time in/Out:
    /
    Canister:
    N/A

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