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US recession fueled by low wages and consumer debt



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Comments: More at http://therealn Panitch: Weakening of unions and global pressures on US wages a major factor (1 of 2) Thursday January 24th, 2008 Leo Panitch is the Canada Research Chair in Comparative Political Economy and a Distinguished Research Professor of Political Science at York University in Toronto. Panitch is also the author of Global Capitalism and American Empire.

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