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Daily Archives: February 19, 2013
Simpson and Bowles on deficit reduction proposals
Alan Simpson and Erskine Bowles about why they are reworking their deficit reduction goal. Their plan would reduce the deficit by $2.4 trillion over the next decade. Here is a direct link.
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Canadian dollar breaks support on weakening global demand
On Friday we confirmed that Canadian manufacturing sales declined 3.1% in December to $48.0 billion, the largest decline since May 2009. Sales decreased in 16 of 21 industries, representing 82% of the manufacturing sector. Durable goods sales were down 4.2% … Continue reading