U. S. New Year does not seem to be ringing in any good news for the country as the growth of the economy still seems shady.

The rising unemployment, the crippled real estate sector and restricted bankers policies will not let the economy’s markets rise. Many analysts predicted that U. S. gross domestic product would expand less than 2 percent per year over the next 10 years.

Martin Feldstein, a Harvard University professor said,” It will be difficult to have a robust recovery while housing and commercial real estate are depressed”.

One big reason for this bleak decade would be the U. S. Debt. The consumer credit outstanding has fallen, but still stands at some $2.5 trillion, or nearly one-fifth of total yearly spending in the U. S. economy.