Daily Archives: 26 March 2007
Spinning the Numbers
Here is a bit of sloppy propaganda. This article (from Reuters – linked from Yahoo! Canada) claims that the Canadian economy is expected to outperform the US economy in 2007. In its Quarterly Economic Forecast, TD Economics said the Canadian economy will expand at an annual average pace of 2.4 percent in 2007, slightly slower than in 2006, while the United States will experience a bigger slowdown. (“TD Economics” is Toronto-Dominon, a Canadian bank – author) Ahem. Note the lack of actual numbers provided for US economic projections. It’s a symptom of the whole article – not just this quote.