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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Nov 12, 1984
Page
3
The New York Stock Exchange is not trading today due to the Veterans Day holiday. Investors are advised to note the market will remain closed and normal activity will resume next business day.
former White House economist Martin Feldstein told a Boston audience that deficits can only be controlled by raising taxes and slowing Social Security and Medicare growth. he warned that without budget cuts the deficit could exceed 250 billion dollars by 1989 and endorsed broad tax reform and spending scrutiny.
Cleveland minority vendors can meet purchasing agents from top corporations at Prospects 84 Tuesday at Stouffer's In on the Square. The Cleveland Regional Minority Purchasing Council hosts the event with seminars and a luncheon by Charles Rhodes of Alcoa. Contact James Wade at the Growth Association, 621-3300.
GM plans to bolster entry level sales by using Suzuki Sprint Isuzu Spectrum and Toyota Nova as small car bridges until a domestically built Saturn arrives. Lloyd Reuss notes the aim is to capture under 45 age buyers and convert imports to repeat GM customers. Daewoo mini car for Pontiac could arrive in 1987 with a higher end emphasis.
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