SUBSIM Radio Room Forums - Sunset of globalisation?

I would not complain. It has done more bad than good, imo. and I never thought different on that.

http://www.spiegel.de/international/...522628,00.html

Quote:

According to opinion polls across the board, a majority of voters in both political camps have the same doubts as Clinton. America's enormous trade deficit -- and that in a country that was once exported more goods than any other -- has left its mark on the American psyche. Contemporary America's biggest export now appears to be the well-paid jobs of its middle class. The trend that began with blue-collar workers and has expanded to software engineers will hit investment bankers and pharmaceutical researchers next, says Alan Blinder, a professor at Princeton University and a former deputy chairman of the US Federal Reserve Bank. According to Blinder, up to 40 million American jobs -- representing twice as many people as are currently working in the US industrial sector today -- could face the threat of outsourcing.
(...)
The coalition of doubters has become a majority in America. Many now disparage free traders, once considered the clear-headed shapers of regulatory policy, for their stubbornness. Even deep within the ranks of the Republican Party, they are seen as ideologues defending a principle for the sake of the principle alone. "The next president must understand that there is no free trade without fair trade," says Republican presidential candidate Mike Huckabee.

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A personal word on why I always quote the Spiegel, when linking to an international essay from German press. The answer is very simple, and pragmatic: most of you do not understand German, and the other major newpapers and magazines like die Welt, Frankfurther Allgemeine Zeitung, Die Zeit, Tagesspiegel, Focus do not run an English-languaged Internet presence anymore, some tried that over the past 7 years, and stopped it again.

And since Der Spiegel in the 70s and 80s surely was known for having a sympathy that tended to be in favour of the left, in the past ten years it has made a significant move towards the centre, imo.