Wed, May 14, 2008

Opinion

Take online poll on economy

Tucson, Arizona | Published: 03.24.2008
Experts argue whether the U.S. economy is in a recession or will be soon, but it's clear that economic indicators are showing tough times.
Gas is above $3 a gallon, food costs are increasing, home foreclosures are way up, wages aren't keeping pace and jobs are being lost. The Federal Reserve has lowered interest rates and is interceding to try to boost the economy and keep at least one major investment bank, Bear Stearns, from going under.
Arizona is facing a more than $1 billion deficit, school districts are experiencing shortfalls and local governments warn they're hurting, too.