Elected officials often use the facade of caring about the people in order to gain the majority's favor. No where is this more crucial than in economic matters. People place a great deal of value on their money, and having trust in the people who manage it is essential for a society. Robert T. Parry happens to be one of those trusted people. As the CEO of a major bank, he answers to the board of directors, other stock holder, bank customers, and even his readers. Furthermore, he has served in a number of government positions, and in many ways has exercised economic power in a very risky way (Forbes). So when he writes an article about a major economic issue and what to do about it, he had better know what he's talking about! In Globalization: Threat or Opportunity for the U.S. Economy, Parry seeks to strengthen that trust with his target audience. If he were to lose the trust of his stock holders or customers, he would have no job.
Specifically, he speaks on the topic of out-sourcing. In 2004, when this article was published, much of the United States was concerned about the issue. Presidential Candidates were centering their policies on it, and American voters were basing their choices on it. It is an issue that is so easily portrayed in a bad light, that it is essential to be able to see the larger picture. Both a careful examination of his writing and a casual skim of his speech make it clear that Robert Parry is a man qualified to do that. He aims to inspire stability and trust in both himself and the principles of economics – and he does just that!
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