In an annual report on the U.S. economy, the IMF predicted that growth won't reach 3 percent for the next five years (pdf).
That level of growth wouldn't be anywhere near strong enough to make a serious dent in the unemployment rate, currently at more than 9 percent. The report singled out the beleaguered housing sector as a key drag on the economy. "We think that housing difficulties merit more policy. - Yahoo! News
That level of growth wouldn't be anywhere near strong enough to make a serious dent in the unemployment rate, currently at more than 9 percent. The report singled out the beleaguered housing sector as a key drag on the economy. "We think that housing difficulties merit more policy. - Yahoo! News
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