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Something extraordinary has happened in the rarefied world of the influential Council on Foreign Relations (CFR). Foreign Affairs, a CFR journal, recently published a very revealing article, "A New Deal for Globalization," in its July/August 2007 issue, which stated: "Over the last several years, a striking new feature of the U.S. economy has emerged: real income growth has been extremely skewed, with relatively few high earners doing well while incomes for most workers have stagnated or, in many cases, fallen.... Public support for engagement with the world economy is strongly linked to labor-market performance, and for most workers labor-market performance has been poor."
The authors go on to refer to several polls which show that over the past six to seven years the majority of Americans has switched from supporting ...
Source: HighBeam Research, Internationalist journal sees the public turn against...