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Talk about Lou Dobbs’ worst nightmare.

Not only do foreign companies have a record stake in the American economy, many people across the political spectrum are quite happy about it. That’s the thesis of Micheline Maynard’s new book on the state of foreign investment in the United States. Despite the alarmist sounding title, The Selling of the American Economy: How Foreign Companies Are Remaking the American Dream, is a mostly balanced look at the subject. However, in the debate on the virtues of foreign investment, Maynard is clearly a proponent of “the more the merrier,” school of thought.

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