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In fact, the author suggests that the continued growth of these conditions has been stunted to a certain extent due to globalism. The author goes on to comment on the fact that over the last 10 years or so job creation in the United States has grown at a slower rate then historical trends have provided for and that Americans are incurring more debt as compared to earlier generations. Furthermore, poverty rates have increased in recent years and that this situation may be correlated to the continued impact of globalism on today’s United States economy.
The article goes on to illustrate that foreign direct investment in the United States “consist almost entirely of foreign acquisitions of existing U...
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