CBS Evening News - 2000-12-21
Channel: malgent
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Duration: PT1741S
Read a transcript preview of “CBS Evening News - 2000-12-21” from malgent, uploaded on 2025-04-14.
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Language: English (original, YouTube automatic captions)
[0:00] barbecue.
[0:03] Where will the economy go? There are
[0:06] some new signs the economy is slowing
[0:08] some, but is talk of a recession
[0:10] responsible? We'll talk to the Treasury
[0:13] Secretary as some others in the White
[0:15] House accused the Bush team of economic
[0:17] fear-mongering, collapsing car seats,
[0:20] did GM put profits before safety? Eye on
[0:24] America investigates for you. And a
[0:26] joyless Christmas in the little town of
[0:28] Bethlehem.
[0:30] [Music]
[0:34] This is the CBS Evening News with Dan
[0:38] Rather reporting from CBS News
[0:40] headquarters in New York. Good evening.
[0:42] The outgoing Clinton administration put
[0:45] out new numbers today showing the US
[0:47] economy is cooling somewhat after
[0:49] growing at a red-hot pace earlier this
[0:52] year. The Commerce Department says
[0:54] economic growth slowed in the third
[0:56] quarter to an annual rate of 2.2%. 2%.
[0:59] That's less than half the rate of the
[1:01] second quarter. Economists are hoping
[1:04] the economy will come in for what's
[1:05] called a soft landing. That's defined as
[1:08] slower growth without a recession. But
[1:10] the incoming Bush administration
[1:13] continues to talk about the possibility
[1:15] of a recession. And the Clinton White
[1:17] House accused the president-elect today
[1:19] of talking the economy down for partisan
[1:22] political reasons. Among other things to
[1:24] make his big tax cut plan more
[1:26] attractive, say the Democrats. CBS's
[1:29] John Roberts is with the president-elect
[1:31] in Austin, Texas. John Dan, at a time
[1:34] when the president-elect should be
[1:35] focused on transition, he finds himself
[1:38] embroiled in a fight with the outgoing
[1:39] administration. A fight he feels he