Some say that housing is economically important, but not so important as to be a necessity to economic recovery and continued expansion.

FORBES: Housing Continues To Be An Ominous Sign For Stocks

America's vigorous recovery and China's unbridled expansion have made it easy for Latin America and South-East Asia to export their goods.

ECONOMIST: The Fund's golden Rato

Christina is both a leading macro-economist and a leading economic historian, perhaps best known for her work on America's recovery from the Great Depression and the robust economic expansion that followed.

FORBES: Text Of Obama's Economic Team Announcement

Britain to a housing-led expansion, and America in 100 days of Franklin D Rooseveltturned its economy towards demand managed recovery, creating 12 million jobs in five years (to give you an idea of how, 40, 000 of them were state employed actors and theatre directors).

BBC: Thinking outside the 1930s box

"As concern about risks continues to fade, and confidence in the recovery grows, you're getting exactly the type of multiple expansion that hasn't been seen over the past few years, " said Dan Greenhaus, chief global strategist at brokerage firm BTIG LLC.

WSJ: Stocks Pull Back

The success of small businesses is exceedingly important to our economic recovery, and agencies have been working to reduce burdens that hinder job creation and economic expansion.

WHITEHOUSE: A Smarter Approach to Regulation

The time-tested path to recovery is through sounder money, lower tax rates, freer trade and tighter restraints on government expansion.

FORBES: Magazine Article