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The term heard most frequently from the drop off in the housing market in recent months is collapse. In August 2006, a global economic service, RGE Monitor, called it the "The Biggest Slump In U.S. Housing In The Last 40 Years"The chief spokesman for that group went on to say:"I have also argued before that the effects of housing on US economic growth and the role of housing in tipping the US economy into a recession in early 2007 are more significant than the role that the tech sector bust in 2000 played in tipping the economy into a recession in 2001."That was about as dire as one could get. There were many such voices in the doom and gloom crowd, last summer.The Mainstream Media then and now has done very little to highlight the continuing good news that we've received month after month.
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Mick McNesby is a former tax advisor, consultant and negotiator. He was a frequent guest on political talk shows in Atlantic City, N.J., discussing the benefits of the lower cost of government. He can be visited at conservative-politics-infofind.com
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