I talked to a friend from Minnesota today who said there is 3.7 per cent unemployment in his state. That is virtual zero unemployment. Yet many seem to think that Globalization is destroying the jobs in Minnesota. (Note this year’s House races in the state.) The mood can be discribed as very uneasy about Globalization, and people seem discontent. Why? It is a real paradox… why was Globalization a polarizing issue this year in Minnesota despite what looks on paper to be good economic numbers?
December 4, 2006
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