Defending Richland and Wilkin counties August 30th, 2012
From 2007 to the end of 2008, the average American household lost 25 percent of its net worth. The housing market collapsed and real estate values declined by an average of 30 percent. Although factors that brought about the Great Recession are often debated, there is no question about the cause of the south valley’s economic tragedy: the election by Fargo’s leaders to shift the FM diversion four miles south, build a dam and flood 54,000 acres.
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