Real wages at the bottom in the U.S. today are about 30% below what they were 30 years ago, and in the last six years, even the middle [class] has seen real incomes decline. Joseph Stiglitz, 2001 Nobel Prize winner in Economics.
That is a quote from the following presentation at a Google Talks in 2007 (at minute 20:50):
At minutes 15:00 thru 22:00 in this talk he points out that "free trade" is not to find a fair trade or a win-win trade. It is to get an advantage for the U.S. But worse, it really means, get an advantage for those corporations that had contributed to the President's election. He points out that trade agreements on drug policy was "signing the death warrants on thousands of people".
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