machines can do jobs that people used to be able to do and that means if you're at the very top and you're able to fire people and have your factory be more productive, it's great, but it's not great if you lost your job and also people in india and china hundred of millions of them are entering the global economy. >> let me accept your counter argument as being absolutely correct. if we don't correct the health care cost, with the globalization of the economy, for the reasons articulated over the past decade, workers here without unique skills are competing against eight a broader labor pool that includes india, japan, china, and unless they have the skill they'll see the compensation declining. >> that's true. globalization doesn't refer just to trade. it also refers to migration practices. since 1970 the united states has imported 40 million people, most low skilled and there's more and more evidence that they are -- their children and grandchildren are not accumulating the skills as well.