World News Tonight (ABC) - 1999-12-14

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Read a transcript preview of “World News Tonight (ABC) - 1999-12-14” from malgent, uploaded on 2025-08-20.

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Language: English (original, YouTube automatic captions)

[0:00] Y2 News Weather on the Hour is brought

[0:02] to you by Telic Laser Surgery Centers,

[0:04] your vision for the future.

[0:09] [Music]

[0:13] On World News Tonight this Tuesday, the

[0:15] Goldilocks economy, a near perfect

[0:17] balance. The American embassies we

[0:19] called for advice about terrorism. Some

[0:22] of it quite strange. Onethird of the

[0:25] country's public schools think that

[0:26] teaching sex education means teaching no

[0:29] sex at all. How realistic is that? And

[0:33] returning to yesterday,

[0:36] >> Paul McCartney goes back to where it all

[0:39] began.

[0:41] [Music]

[0:47] From ABC News World Headquarters in New

[0:50] York, this is World News Tonight with

[0:53] Peter Jennings.

[0:54] >> Good evening. We're going to begin right

[0:55] on the money tonight in the broadest

[0:56] sense. Today, we got our last look at

[0:58] inflation for the year, which sounds a

[1:00] little dry, but once again, just as the

[1:02] country gets deep into the Christmas

[1:04] season, as we get to the end of the

[1:05] year, the United States is engaged in

[1:08] dynamic economic activity. And without

[1:10] any stumbling blocks in sight, the

[1:12] consumer price index, which measures

[1:14] inflation, was up just on 1/10enth of a

[1:17] percent last month. Inflation for the

[1:18] year is only 2%. And retail sales, the

[1:22] consumer spending that feeds the

[1:23] economy, up 9/10en of a percent. So the

[1:26] boom continues. Here's ABC's Aaron

[1:29] Brown.

[1:30] The inflation report paints a picture of

[1:32] an economy in nearperfect balance. While

[1:35] the cost of housing went up, the cost of

[1:37] clothing went down, meat up, vegetables

[1:41] down, fuel, oil rose, electricity

[1:44] dropped. No signs of inflation, no sign

[1:47] of a weakening ec

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