WSWS
on the world going even deeper in an economic sinkhole:
"And the U.S. economy is not likely to turn around in the immediate future according to one of the most recent forecasts. A survey by the Anderson School at UCLA predicted at least a year of weak growth with little increase of employment. On top of the decline in business activity, the economy was being hit by the severe budget problems confronting state and local governments.
"According to Ed Learner, the economist who wrote the report, the U.S. economy is 'stuck in the mud' with the year ahead looking 'very weak.' He predicted growth of only 2.2 percent for 2003, well below the rate of 4 percent to 5 percent needed to increase employment..."
Featured Post
Crater Lake National Park Photos 1
Here are a few pictures I took at Crater Lake National Park in southern Oregon today, including a couple of them from the historic lodge:
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Golden Tempo has won the 152nd Kentucky Derby. Jose Ortiz is the jockey. It is his first Derby win. This race is historic, for the fir... -
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Napoleon Solo has won the 151st Preakness Stakes at Laurel Park. Iron Honor tried to make a bid at the homestretch, he couldn't quite c... -
Another victory for Golden Tempo as he has won this year's Belmont Stakes at Saratoga. Cherie Devaux has won a second leg of the Tripl...
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