Globalization is a hot topic in the global community, but especially in the United States. One of the biggest concerns about globalization is its effect on the U.S economy. Economic interdependence is a main result of increased globalization throughout the world. With the strained economic situations that have been occurring many people are concerned about the effects of globalization on the U.S economy. Robert T. Parry’s article “Globalization: Threat or opportunity for the U.S Economy?” presents a successful persuasive argument, mainly through its use of establishing ethos, relating to the common citizen, presenting the facts, and literary devices.
Establishing ethos or credibility is very important when writing an article with the intent to persuade or inform ones audience. The first sign of credibility that Perry’s argument shows is where the article appeared and its background. Adapted from an oral speech to investment professionals the article is part of a series of economic letters from the Federal Reserve Bank of San Francisco (FRBSF). One can assume that because Perry gave the speech he is an employee of the Federal Reserve. Being an employee for the Federal Reserve requires professional level skills and knowledge of economics. This gives automatic credibility to Perry because he works with the U.S economy; his job is to help keep the economy in good standing.