Economists Say U.S. Expansion Nearing Self-Sustaining Status

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Lost amid the blizzard of bad fiscal news in Greece, and the blizzard of just plain snow (but lots of it) in Washington, was a bit of good news that sort of slipped under the radar this week.

And, ironically, it may represent the best news on the U.S. economy since the recession started more than two years ago: the U.S. economy is now expected to grow 3% this year and next -- more than expected a month ago, according to the median estimate of 62 economists polled this month by Bloomberg News.

Equally important, those same economists now expect the U.S. unemployment rate to fall to 9.5% by the end of 2010.