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Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of "shamefully ignoring" the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in "the forgotten millions." America's unemployed have been ignored and forgotten, but they are far from superfluous. Over the last two years, out-of-work Americans have played a critical role in helping the richest one percent recover trillions in financial wealth.

Brazil and Turkey, which were represented by their presidents in the talks, invested significant diplomatic cache in the negotiations. It is rare for non-permanent members of the Security Council to intervene in a process led by nuclear powers, and in many ways the result could be seen as a revolt by smaller powers over the rights to nuclear power and prestige.

The United States reached agreement Tuesday with Russia, China and other major powers on a draft U.N. Security Council resolution that would modestly expand and stiffen sanctions on Iran for its failure to abandon its nuclear ambitions.

Earlier on Tuesday, French President Nicolas Sarkozy said the nuclear fuel swap with Iran was a "positive step" and it was waiting for Tehran to provide full written details, as China and Lebanon also voiced their support for the new deal.