January 01, 1990
Period of American productivity burst where wages did not increase.
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This document is an excerpt, likely from an interview or book, featuring former Australian Prime Minister Paul Keating's analysis of global leadership and geopolitics. Keating criticizes President Obama and Chancellor Merkel for a lack of decisive leadership while praising China's Deng Xiaoping. He also analyzes the decline of the US 'prosperity compact,' citing wage stagnation between 1990 and 2008 and the radicalization of the Republican party starting with Reagan.
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