Detailed text transcripts for TV channel - MSNBC - 20110509:11:03:00
A lot export. a lot of people building here who were thinking of building overseas, the cost of building something in china has skyrocketed. a lot of companies -- no one wants to move to mexico because of the drug wars. two countries taking a lot of jobs, siphoning a lot of jobs shut down, jobs staying here, caterpillar classic example, gigantic report, hiring and hiring in the rails and hiring in trucking, hiring in oil, hiring in building pipelines. i see it across the board and particularly companies making goods we're exporting. >> how big a drag on the economy is the housing market? >> no...
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