January 16, 1975 - this day in history. Recession getting worse. GNP drops 9.1%, worst since 1958. Inflation rose 13%, worst since 1947. Calls for Gas Rationing. Soviet Union says detente not dead, just wounded. CIA Hearings continue. Ford Auto to offer rebates on new cars. Israel/Lebanon border skirmishes. Middle East Peace feelers continue. News Analyst Eric Sevareid on world reaction to Economy.
Newstalgia Reference Room with Eric Sevareid's report on Vietnam from June 1966.
An Eric Sevareid commentary from December 1958 on the Budget Deficit. Some things just NEVER change.