Not surprisingly, many in the Congress opposed such provisions. In the end, the numerical targets were struck from the act, and "full employment" became "maximum employment, production, and purchasing power." As Stein tells the story, the bill was seen as lacking in substance at this point.
For example, the prices of tradable goods in different countries expressed in a common currency sometimes converge to a common level rather slowly. Asset portfolios tend to exhibit “home bias”. Thus, in a fundamental sense, it seems that there is “some” globalisation yet to come.