THE ACKNOWLEDGED GROWTH RATE ATTAINED, INSPITE OF LONG TERM RECESSION AND DIFFICULT ECONOMIC CONDITION IN THE USA.

No wonder, the current Administration effort towards USA markets stability by stimulus packages to stimulate the markets has not failed, inspite of the current long term recession in the USA markets attributed to the decline in efficiency and production, specially in the manufacturing sectors. The acknowledged growth rate attained in the difficult economic condition of financial crisis, budget deficit and debt crisis has been one third (1/3) lower, when compared to the previous year. The trend that has been likely to continue in the next year amid weakening USA economy, while emerging stronger economies have been gaining ground as major and dominant competitors in the world's globalized market economy.

Written by Godfrey Ohia.