"2. The present international economic order is in direct conflict with current developments in international political and economic relations. Since 1970 the world economy has experienced a series of grave crises which have had severe repercussions, especially on the developing countries...."These irreversible changes in the relationship of forces in the world necessitate the active, full and equal participation of the developing countries… of all decisions that concern the international community.""3. All these changes have thrust into prominence the reality of interdependence of all the members of the world community. Current events have brought into sharp focus the realization that the interests of [America / Americans]the developed countries and those of the developing countries can no longer be isolated from each other, that there is a close interrelationship between the prosperity of the developed countries and the growth and development of the developing countries, and that the prosperity of the international community as a whole depends upon the prosperity of its constituent parts."International co-operation for development is the shared goal and common duty of all countries…"
Fact: Since the implementation 20 years ago of the U.N.'s New International Economic Order (NIEO) -- according to billionaire Member of the European Parliament, Sir James Goldsmith -- unemployment in Europe has risen from 430,000 to 5.1 million, equal to 25 million in America. (The NIEO was brought to us/Americans by Ronald Reagan and apparently approved of by Phyllis Shlafly/Eagle Forum by virtue of her silence.)
The American middle class is disappearing. The developing nations (people) who were supposed to be 'saved' with our tax dollars are worse off today; and the working people in America and all developed countries have become the unwitting slaves to the policy makers of the New World Order.
This current GATT-WTO agreement [World Trade Organization] is meant to "equalize" the living standards of all peoples in the world, and we can all see in which direction the trend is leading… the rich get rich and the poor get poorer.
According to Senator Ernest Hollings (D-South Carolina) in the Congressional Record 10-7-94 pp S14745-47
"As President Clinton himself has said, 'most people's wages aren't going up because they're set in a competitive global economy.' That's couching it in soft terms. Most working Americans have seen their wages decline by about 20% in real terms over the past 20 years. Worst of all, the gap between the rich and the poor in the United States is the widest documented since the Census Bureau started keeping these statistics following WWII."During the 80's, the incomes of the richest 1% of Americans grew 68%, while the bottom 60 percent of families experienced a decline in income. These are the devastating effects of deindustrialization".
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